For all your Heating, Cooling, and Electric needs! call 256-464-5551 text 256-679-0118 or email us at info@acsinc.org
For all your Heating, Cooling, and Electric needs! call 256-464-5551 text 256-679-0118 or email us at info@acsinc.org
Federal Tax Section 179
What Is Section 179 (26 U.S. Code ยง 179)?
It is an Internal Revenue Code; a type of tax deduction that allows small businesses to deduct property or equipment expenses. This allows small businesses to more easily invest in themselves, as they can update and expand easeir with expensing the *full cost* of assets purchased.
Does HVAC Equipment Qualify Under Section 179?
YES! All components of a “heating, ventilation, and air-conditioning” system can be expensed in the first year!
*example of average simple small business hvac cost for new unit & install
