Buy a New or Used Forklift and Lower Your Taxes Using Section 179
Maximize Your 2018 Tax Deduction
Lowest Price of the Year
Section 179 - What You Need to Know
The IRS Section 179 deduction allows a company to depreciate up to 100 percent of a new or used equipment purchase. A depreciation deduction lowers the amount of taxes your business is required to pay.
100% depreciation isn't offered every year, but it's available for purchases made this year before December 31st, 2018.
Forklifts, aerial lifts, utility vehicles and other material handling equipment qualify for the section 179 deduction.
New, used and leased equipment qualifies - up to a $1,000,000 write-off.
To qualify: equipment must be purchased or financed AND put into service before midnight on December 31, 2018.