Section 179 enables many businesses to immediately deduct the full cost of qualifying equipment and software in the year it’s placed in service instead of depreciating it over several years. This may improve cash flow + lower taxable income right away.

Immediate write-offs make it easy to invest in productivity-enhancing assets like computers, machinery, vehicles and office equipment by reducing after-tax acquisition costs and accelerating ROI. You may also benefit by combining bonus depreciation and standard deductions to tailor year-by-year tax outcomes and growth strategies.