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What is Section 179 Deduction?


The Section 179 deduction is an incentive for business owners to purchase new equipment. Business owners can purchase new equipment and use the full purchase amount as an immediate expense deduction off their gross income. This deduction is limited to equipment purchases related to operations of a business. API Measurement and Calibration equipment qualifies and this year the maximum amount that can be deducted is $1,000,000.

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