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Control Number CA P005 PKG Form

Control Number CA P005 PKG Form

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Section 179 enables anyone using GPS equipment to deduct 100% of the depreciation within the first year saving you thousands of dollars just like that in this video we're going to talk about what section 179 means for anyone using GPS equipment and how to use it to your advantage right now Section 179 states that you can take 100% of the depreciation of any Capital Equipment and deduct it against this year's Revenue right away so rather than having depreciation over 7 years and you just get a little bit of tax incentive each year you can take the entire sum and slash it in your first year saving you thousands of dollars in the here and now so if you were getting taxed at 40% that would mean that you're getting essentially 40% discount on your new GPS equipment from the government so now of course this isn't as simple as some might think so always check with your legal attorney or give me a call and I'll help you walk you through the paces how to

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