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Save Money On Your 2023 Taxes!

All Things Runnion
Blog Posts
November 1, 2023

Equipment must be purchased and placed into service by 12/31/23

  • 80% Bonus Depreciation on new and used equipment purchases
  • Section 179 Expense Provision allows a deduction up to $1,160,000 with a $2,890,000 cap on expenditures for new and used equipment purchases

*This information should not be considered tax advice. Consult your tax advisor or the IRS for additional information.

What's New for 2023
2023 Section 179