How to Benefit from the IRS Section 179 Deduction

The general goal of businesses is to use less energy to help the environment. The government recognizes this universal need and tries to encourage the implementation of energy-efficient lighting, heating and cooling by offering the IRS Section 179 deduction. The deduction is meant to provide savings to businesses to encourage them to make the switch to energy-efficient appliances.

Lower Income

It is common for any business to try to find ways to lower their taxable income. Especially if they are a large business, the tax owed could be overwhelming. The 179 tax deduction enables businesses to take advantage of tax savings while doing their part to save the environment. Even if you think your business is small and can’t make a difference, think about the collective effort of many businesses making these small changes; it could have a large impact on the environment. As a benefit to you, your business taxes are subsequently lowered in the year in which you make the improvements.

Become Eco-Friendly

Consumers in general tend to frequent businesses that are more eco-friendly than others. If you make the necessary environmentally-friendly changes to your lighting, heating and cooling, you can advertise your eco-friendliness, catering to yet another target market. Many consumers are more willing to become patrons of those businesses that make an effort to decrease their carbon footprint on the Earth than those that do not.

Go Overboard

The IRS Section 179 deduction allows businesses that could not afford to make further changes than they have already made to make those changes. This enables businesses that were built recently and already use a few eco-friendly appliances in their business to further their enhancements. This makes your business stand out even further as a pioneer in the industry.

If you are looking for a way to better your business, look better in the eye of the customer and do your part to help save the environment, the government is willing to help. With the IRS Section 179 deduction, many companies are able to become more energy efficient by enabling them to offset the costs of energy-efficient changes with a tax deduction that lowers their taxable income and helps them afford necessary changes. All it takes to get started is to consult with a certified firm to determine your company’s eligibility and to learn how to get started.


For more information about the IRS Section 179 deduction, visit the website of Walker Reid Strategies .

2 people like this post.

Share This