Section 179 is a tax provision that allows businesses, including those in the construction industry, to deduct the full cost of qualifying equipment and property in the year it is purchased and put into service. This can be a huge benefit for construction companies looking to invest in new equipment or technology to improve their operations. By taking advantage of Section 179, businesses can reduce their taxable income and potentially save a significant amount of money on their tax bill.In the construction industry, where equipment and machinery are essential for completing projects efficiently and effectively, Section 179 can be particularly valuable. Whether it's purchasing new heavy machinery, vehicles, or tools, being able to deduct the full cost upfront can help construction companies reinvest in their business and stay competitive in the market
What is Section 179?
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