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After more than two decades, we know that our success is dependent on helping our partners and customers be successful. We regularly share information that will help our constituents learn, grow, and prosper. This is the premise we live by –  Building Relationships Through Sound Service and Support. We would love to hear any suggestions you may have for articles you would like to see here. Give us a call or drop us an email at info@SoundHM.com

Business Practices

Last Minute Equipment Purchases May Save You Money

Heavy Equipment customers need to know about Section 179. The Section 179 tax deduction allows businesses like yours to depreciate assets as expenses in the first year that they purchased them rather than over several years in smaller amounts. Depreciating assets all in the first year helps reduce overall profit, which is the figure you’ll ultimately end up paying taxes on.

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Business Practices

Make The Tax Code Help You

Heavy Equipment dealers need to know about Section 179. The Section 179 tax deduction allows businesses like yours to depreciate assets as expenses in the first year that they purchased them rather than over several years in smaller amounts. Depreciating assets all in the first year helps reduce overall profit, which is the figure you’ll ultimately end up paying taxes on.

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