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Create Your Own Tax Break for 2019

The Tax Cuts and Jobs Act of 2017 provides businesses with additional tax benefits for 2018 and beyond.

  • Under Section 179, businesses spending less than $2,500,000.00 a year on qualified equipment may write off up to $1,000,000.00 up front.
  • 100% Bonus Depreciation on qualified equipment acquired and placed in service from September 27, 2017 through December 31, 2022. The bonus depreciation now includes used equipment. It falls to 80% in 2023, 60% in 2024, 40% in 2025, 20% in 2026, and expires in 2027.
  • The $1,000,000.00 deduction from Section 179 phases out when a business purchases more than $2,500,000.00 in one year.
  • Companies cannot write off more than their taxable income.
  • The equipment must be placed in service by the end of the tax year.

What does this mean for businesses?

  • Our capital leases help businesses take advantage of the tax benefits (above) by extending payments out as long as 5 years.
  • Tax Savings could be greater than the amount paid in the first year of a capital lease.

Tax Benefits Calculator

Enter equipment cost:


1st year write-offs:

Section 179 Deduction:

$

100% Bonus Depreciation:

$

Total Deduction in first year:

$

Tax savings (for 21% rate): $

Equipment cost after tax savings: $

Click here to download our Tax Benefits brochure.

American Packaging Capital, Inc. is not offering legal, tax, accounting, or financial advice. Customers are encouraged to consult with their tax and accounting advisors for a clear understanding of how these tax benefits and/or various equipment financing products could impact their specific business conditions. For complete details or changes to the tax incentives, please visit www.irs.gov or contact the IRS helpline at 800-829-4933