About this episode
The Section 179 tax deduction has helped small businesses offset the cost of capital equipment for years. The dysfunction in Congress has frequently caused the statutory purchase limit to seesaw until just before year-end. But, the good news is the IRS Section 179 purchase price limit of $500,000 was made permanent law in 2016 with the passage of the PATH act. In 2017 the deduction limit for Section 179 increased to $1 million for 2018 and beyond. The limit on equipment purchases increased to $2.5 million. Furthermore, the bonus depreciation is: 100% After calculating your potential Section 179 savings below, call us today at (877) 978-2364 or fill out the form to the right. We’d love to learn more about your pharmacy and let you know the many ways the RapidPakRx can increase your profitability. Special Guests: Pharmacy Owner: Aimee Stuermer PharmD Pharmacy CPA & Accounting Expert: Scotty Sykes w/ Sykes & Company Pharmacist Financial Planner: Derek Delaney w/ PharmD Financial Planning Learn more about your ad choices. Visit megaphone.fm/adchoices