Formerly known as Toyota Material Handling Northern California, TMHNC
Save Big with Section 179 – Deduct Equipment Costs in 2025!
Section 179 is a powerful tax incentive that lets businesses deduct the full purchase price of qualifying equipment in the same year it’s placed in service. Instead of spreading depreciation over several years, you can write off the entire cost now—boosting cash flow and reducing your tax bill.
Section 179 Savings Calculator
Estimate your tax savings for 2025. Enter your equipment cost and tax rate:
*This calculator provides an estimate only. Consult your tax advisor for exact savings.
2025 Deduction Limits:
Maximum Deduction: Up to $2,500,000
Phase-Out Threshold: Starts at $4,000,000
Deadline: Equipment must be purchased and in service by December 31, 2025
Bonus Depreciation: 100% bonus depreciation may apply after Section 179
What Equipment Qualifies?
Forklifts and material handling equipment
Golf carts for business use
Forklift batteries
Construction equipment
Who Can Use Section 179?
Businesses purchasing or financing qualifying equipment
Equipment must be used more than 50% for business purposes
New and used equipment qualifies (as long as it’s new to your business)
What You Need to Do:
Purchase and place equipment in service by December 31, 2025
Keep your invoice and financing documents
Claim the deduction when filing your taxes (usually on IRS Form 4562)
Consult your tax advisor for specific guidance
Why Act Now?
Immediate tax savings for 2025
Improve cash flow and reinvest in your business
Avoid year-end delays—equipment must be in service before the deadline
Ready to upgrade your equipment and save? Contact us today to learn how much you can deduct under Section 179!”
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Faq's
Q: Does used equipment qualify?
Yes! As long as it’s new to your business and used more than 50% for business purposes.
Yes! As long as it’s new to your business and used more than 50% for business purposes.
Q: Can I finance and still deduct?
Absolutely. You can deduct the full purchase price even if you finance the equipment.
Absolutely. You can deduct the full purchase price even if you finance the equipment.
Q: Is there a spending limit?
Yes. For 2025, the maximum deduction is $2,500,000, with a phase-out starting at $4,000,000.
Yes. For 2025, the maximum deduction is $2,500,000, with a phase-out starting at $4,000,000.
Q: What forms do I need?
Typically, you’ll elect Section 179 on IRS Form 4562 when filing your business taxes.
Typically, you’ll elect Section 179 on IRS Form 4562 when filing your business taxes.
Q: Do golf carts qualify?
Yes, if they are used for business purposes (not personal use).
Yes, if they are used for business purposes (not personal use).
Q: When is the deadline?
December 31, 2025. Equipment must be purchased and in service by then.
December 31, 2025. Equipment must be purchased and in service by then.
