Save Money on Your 2024 Taxes!
All Things Runnion
Blog Posts
November 14, 2024
Equipment must be purchased and placed into service by 12/31/24
- 60% Bonus Depreciation on new and used equipment purchases
- Section 179 Expense Provision allows a deduction up to $1,220,000 with a $3,050,000 cap on expenditures for new and used equipment purchases
*This information should not be considered tax advice. Consult your tax advisor or the IRS for additional information.