Section 179: A Tax Break for Investing in LED Signs. 

If you’re thinking of investing in an LED sign for your business, Section 179 of the Internal Revenue Code could save you money on your investment. With this tax benefit buying an LED sign is more affordable than ever.

What is Section 179?

Instead of depreciating qualifying equipment over time, Section 179 allows businesses to deduct the full purchase price in the first tax year. This results in a significant cash flow advantage for your company right now. Section 179 is applicable to both leased and purchased equipment, with the main difference being the out-of-pocket expense. If you purchase the equipment, you pay the full amount upfront and then deduct the purchase price on your taxes.

On the other hand, if you lease, you only have to pay monthly lease payments out of pocket while still being able to deduct the full purchase price on your taxes. This key distinction makes excellent financial sense. If you’re considering investing in an LED sign, be sure to talk to your accountant about the potential tax benefits.

Who is eligible for Section 179?

Under Section 179, just about every small business qualifies, as the law is very broad. To be eligible for the Section 179 deduction, the equipment must be used for business purposes and must be placed in service during the tax year.

Let Optec Help

If you’re looking for a way to advertise your business and attract new customers, an LED sign is a great option. And with the Section 179 deduction, you can now afford to buy an LED sign without breaking the bank.

Leverage the power of leasing with these tax savings. We’re here to help you through the entire purchase process. Contact us today to find out more about how Section 179 savings can help you invest in the digital advertising your organization needs.