Axis NJ News

Cobot Section 179 Tax Deduction Calculator

August 12, 2021

What is the Section 179 Tax Deduction? Essentially, Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.

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Universal Robot Solutions

August 26, 2021

For over 30 years, our team of engineers has been successfully designing and implementing solutions for companies using CNC machines. Specializing in automation, drives, motion control, machine vision, machine safety and robots, we can help customize solutions that fit your requirements.

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