Take advantage of Section 179 of IRS tax code
Time is running out in 2018 to take advantage of Section 179 of the IRS tax code by purchasing restaurant equipment – exhaust hood systems, walk-in refrigeration, conveyor dishwashers, heavy-duty slicers, dough mixers, convection ovens, high-efficiency gas fryers, etc
In 2018, restaurants, food trucks, catering operations and others (schools, hospitals, convenience stores, etc.) can take a first-year deduction of up to $1 million worth of equipment purchases.
Instead of spreading the tax deduction over multiple years, foodservice operations can deduct the equipment value from the company’s 2018 profits. This new tax law is a great fit for profitable businesses. Start shopping today – right now!
Call our sales team to receive a personalized build-out or renovation quote at 404-752-6715 (ext. 2). For more information on Section 179 deductions, visit section179.org
