BIG MACHINES. EVEN BIGGER TAX SAVINGS.
You may qualify for 100% accelerated depreciation on your next machine purchase. Contact your tax advisor to discuss your options as they relate to Section 179 expenses and accelerated depreciation.
SECTION 179 UPDATES
IMMEDIATE FULL DEDUCTION
Deduct 100% of the purchase price of construction equipment in the first year, instead of depreciating the equipment over 5-7 years.
For example, a $250,000 excavator can be fully deducted from taxable income, saving tens of thousands in taxes.
IMPROVED CASH FLOW
The tax savings can be used to:
- Pay down equipment loans faster
- Invest in more projects
- Hire additional workers
This is especially helpful for small to mid-sized contractors who need to manage cash tightly.
APPLIES TO NEW AND USED EQUIPMENT
The accelerated depreciation applies to both new and used construction equipment, as long as it’s “new to you.”
This gives buyers more flexibility in choosing cost-effective options.
COMPETITIVE ADVANTAGE
Contractors who upgrade their fleet can take on larger or more complex jobs, increasing revenue potential.
Newer equipment is often more fuel-efficient and reliable, reducing downtime and maintenance costs.
MORE FLEXIBILITY
Buyers can combine Section 179 expensing with accelerated depreciation for even more flexibility, especially if they hit the Section 179 cap.
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TERMS AND CONDITIONS
*Restrictions may apply. Caterpillar Financial does not provide tax or legal advice, and the information provided on this flyer does not, and is not intended to, constitute legal or tax advice. Instead, all information and content provided herein is for general informational purposes only. Customers should always consult their legal, tax or accounting advisor before making any decisions.
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