Section 179 of the IRS tax code allows businesses to fully deduct the purchase price of qualifying equipment financed in the tax year, offering an incentive by the U.S. government to encourage immediate equipment purchases. This enables you to deduct the full purchase price from your gross income for equipment acquired in 2024, such as a wide-belt sander, CNC machine, or vertical mill. Grizzly has added incentives like FREE FREIGHT and discounts on many machines until November 18th.
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