What is Bonus Depreciation?
After meeting Section 179 limits, Bonus Depreciation allows
you to continue to depreciate up to 60% of the purchase
price of new and used equipment.
How does it work?
Small and Medium Size business owners looking to reduce
their tax liability and purchase necessary equipment before
2025.
Key Updates for 2025
Beginning in 2025, the deduction for Bonus Depreciation will
be reduced from 60% to 40%.
Ring Power Corporation does not provide professional advice, including legal,
tax, or accounting services. Customers should consult with their own advisors.
904-448-5438 | info@ringpower.com