Tax Savings: Here's how it works
For business owners, the end of the year means taking care of your taxes.
Under the IRC (Internal Revenue Code) Section 179, the maximum expense allowance limit for the 2017 tax season is $510,000 for all equipment financed or purchased by the end of the day on December 31st 2017. Now, you can pay less in taxes for significantly more equipment.
To help alleviate your financial burden further, we’ve officially launched our Holideals Bulk Salon and Barber Equipment Sale, a sale that saves you more during an expensive holiday season. You can stock up on the best beauty industry equipment while maximizing your expense allowance. The more you buy, the more you save on your taxes, and the more you buy from our sale, the bigger discount you receive!
We truly hope this deal is beneficial for you and your company by allowing you to get what you need for your business as well as having enough for everything you want to get friends and family! As business owners ourselves, we understand the importance of taking advantage of this money saving deduction.
Pay your purchase in full or finance by the December 31st deadline in order to deduct the equipment from your taxes.
Be warned, the deductions change from year to year, so you want to capitalize on this incredibly large expense allowance in case it changes again next year. Get more for your shop and still stay within your allotted deductions this holiday season!
- Cody McConnell