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Heavy Equipment customers need to know about Section 179. The Section 179 tax deduction allows businesses like yours to depreciate assets as expenses in the first year that they purchased them rather than over several years in smaller amounts. Depreciating assets all in the first year helps reduce overall profit, which is the figure you’ll ultimately end up paying taxes on.

Heavy Equipment dealers need to know about Section 179. The Section 179 tax deduction allows businesses like yours to depreciate assets as expenses in the first year that they purchased them rather than over several years in smaller amounts. Depreciating assets all in the first year helps reduce overall profit, which is the figure you’ll ultimately end up paying taxes on.