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Contact Us!
For all your forklift, scissor lift and materials handling needs, give us a call.  We're here to help!
888-737-6492
804-233-0051
804-231-0463 Fax

Jan 4, 2019 –  Section 179 is one million dollars for 2019, as stated in H.R.1, aka, The Tax Cuts and Jobs Act.The deduction limit for Section 179 is $1,000,000 for 2019 and beyond, while the limit on equipment purchases remains at $2.5 million.

Further, the bonus depreciation is 100% and has been made retroactive to 9/27/2017. It is good through 2022. The bonus depreciation also now includes used equipment.

See fully updated 2019 Section 179 Calculator to see how this tax deduction affects your company.

News Alert: See the IRS Fact Sheet issued for Section 179

The IRS released Fact sheet FS-2018-9 provides info on Section 179 deductions including temporary 100 percent bonus depreciation, changes to depreciation limitations on vehicles used for business, new treatment of farm equipment, and the recovery period for real property.  Read the new IRS Fact sheet here:  New Rules and Limitations for Depreciation and Expensing under the Tax Cuts and Jobs Act

But remember, in order to take advantage of these significant tax savings for 2018, you MUST acquire your equipment and PLACE IT INTO SERVICE by midnight December 31, 2018. Learn more about Section 179 at www.section179.org.

Now is the best time to save BIG in 2018 on a new forklift OR used forklift, aerial lift, sweeper, scrubber or commercial vehicle from AM Davis Inc. Give us a call for a quote today.

AM Davis Inc.
3703 Price Club Blvd.
Midlothian, VA 23112
Phone: 804-233-0051
Fax: 804-231-0463
Toll Free: 888-737-6492
Email: sales@amdavislift.com 

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