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SECTION 179 IS $500,000 FOR 2016

Section 179 Tax Deduction Limits for year 2016:

The Section 179 Deduction is currently $500,000 for 2016. This means businesses can deduct the full cost of equipment from their 2016 taxes, up to $500,000. Plus, the 50% bonus depreciation has returned as well, making Section 179 a fantastic deal for 2016.

Small and Medium Businesses Benefit the Most

Section 179 is a true small to medium business tax deduction. The deduction is unaffected until $2,000,000 in equipment purchases is reached (where it then decreases on a dollar for dollar basis.) This means, at current limits, if a business buys $2,500,000 worth of equipment, their Section 179 deduction is reduced to zero. But until that point? Enjoy the break.

About the limits

Most small and medium businesses will greatly benefit by taking the Section 179 deduction. But to take advantage of it, the equipment must be purchased and put into service by 11:59pm, 12/31/2016 (in other words, when the New Year starts, Section 179 for 2016 is over.) Browse our inventory and then call us today and take advantage of this last minute tax break!

Valco Equipment, located in Canton, Ohio has been providing sales, rentals, parts and service to its customers in Canton, Akron, Columbus and the Greater Cleveland area since 1987.  Equipment lines include GehlSkyTrak, Genie, LullJLG, Skyjack, Snorkel,  Wacker Neusen, Terex and ManitouNew machines include factory warranty and our used machines are completely inspected, repaired as needed and often come with a written limited warranty.  In Cincinnati Highlift Equipment has been providing sales, rentals, parts and service of quality new and used construction equipment such as compact excavators, skid steers, track loaders, telehandlers (rough terrain forklifts), boom lifts, scissor lifts and light towers.  Highlift serves the Greater Cincinnati area including Northern Kentucky, Hamilton, Springfield, Dayton and Kettering.

In addition to new and used equipment we offer quick delivery for most new replacement parts and new and used attachments, at very competitive prices.  We sell Gehl, SkyTrak, Lull, Genie, Snorkel parts to support our equipment lines but in addition we also sell new parts for Takeuchi, Pettibone, Carelift, Gradall and Thomas. Our attachment partners include Blue Diamond, Star Industries, Arrow Material Handling, CEAttachments and Haugen Attachments offering skid steer attachments, track loader attachments and telehandler attachments.

In both locations, we have experienced, factory trained service technicians who can fix your equipment right the first time and recondition your older machines.  Our new and used equipment, attachments and replacement parts are shipped anywhere in the world.  We accept all major credit cards.

Call us today and allow us the privilege of serving you.




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