We’re a week from Christmas and that means tax season is right around corner. As the year comes to an end, it’s more important than ever for businesses to take advantage of every incentive possible. One of those incentives, Section 179, allows businesses to deduct purchases of business equipment from their taxes. Be it a snowplow to expand your business’s services, a salt spreader to protect your location from ice, or a box plow to keep your parking lot clean.

Section 179 of the U.S. internal revenue code is an immediate expense deduction that business owners can take for purchases of depreciable business equipment instead of capitalizing and depreciating the asset over a period of time. The Section 179 deduction can be taken if the piece of equipment is purchased or financed and the full amount of the purchase price is eligible for the deduction.

IRS.gov

Equipment Offered At General Welding & Fabricating

Snowplows

  • Snowplows for ATV’s all the way up to Skid Steers; we have a BOSS Snowplow for you. Whether you’re looking to keep your business clear, or looking to expand your services to include snowplowing, let snowplows be your first consideration!

Salt Spreaders

  • Looking to protect your business from ice? We have salt spreaders for that. From walk-behind spreaders all the way up to truck bed salt spreaders, reduce the chances of someone falling on your property with a BOSS Salt Spreader!

Snow Pushers

  • Looking to move a sizeable amount of snow quickly? Have a large area you need cleared? BOSS Box Plows are the solution for you. Coming in a range of sizes, Box Plows allow you to do the most work in the quickest amount of time!

Snowrator

  • The All-In-One solution to snowplowing and salt spreading. Perfect for campuses, office complexes and sidewalks, the BOSS Snowrator and SR MAG is the ULTIMATE tool.
    • The BOSS Snowrator, with its unique patented design, is the perfect fit for swiftly clearing snow and ice from sidewalks. This agile and versatile machine offers a labor-saving solution for your fleet, significantly reducing the reliance on manual shoveling. It enhances productivity and efficiency in urban, commercial, or residential areas, ensuring that maintaining clean and clear walkways is always a top priority.

Trailers and Truck Equipment

  • For a lot of us, our trucks are the heavy lifters of our job. As the truck equipment headquarters of Western New York we understand how important our trucks are. From lighting and ladder racks, to tools boxes and hitches, General Welding & Fabricating has the equipment to both protect your truck and add utility!
  • Trailers can add a whole new tier of services to your business. Transporting landscaping and heavy equipment, dump trailers for mulch and gravel, storage, and more!

The Urgency of Section 179

  • Deducting the cost of equipment as an immediate expense provides a business with an immediate reduction in its tax liability. On the other hand, capitalizing and then depreciating the asset spreads out smaller deductions over a longer duration. The Section 179 expensing method is designed as an incentive to encourage small business owners to expand their operations by investing in new equipment.

The Time To Act Is Now!

  • The tax season ends December 31st! Check out GWFab.com to see all the equipment we offer to help your business today!
  • 991 Maple Road, Elma, NY – 716-652-0033
  • 60 Saginaw Drive, Rochester, NY – 585-697-7660

Conclusion

  • Be prepared for the 2024 winter and business opportunities with this incredible incentive!

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