At Kubota of Denver, we’re here to help your business make the most of every opportunity, and the Section 179 Tax Deduction* is one of the best available incentives. This government program allows businesses to deduct the full purchase or lease price* of qualifying Kubota equipment purchased or financed during the 2024 tax year.
What Is Section 179?
Section 179 is a tax incentive that allows small businesses to write off the entire purchase price of qualifying equipment in the year it’s purchased. Unlike traditional depreciation methods, where businesses write off the cost over several years, Section 179 allows businesses to deduct the entire cost upfront—up to $1,220,000 in 2024.
This benefit is particularly helpful for small businesses looking to grow and reinvest in their operations without waiting years to fully depreciate their new equipment.