Creating your own Rocket Industrial personal account has many benefits:
Investing in packaging equipment can be a significant expense, but Section 179 makes it easier for businesses to save money while growing their operations. This tax deduction allows you to reduce the financial impact of equipment purchases by deducting the full cost from your taxable income in the year of purchase. When you pair this with the fact that most packaging equipment delivers a positive ROI within a year, there’s never been a better time to invest.
Tax codes can be overwhelming, but Section 179 is very straightforward. It’s designed to encourage businesses to invest in their growth by making large purchases, like packaging equipment, more financially feasible. Here’s how it works: if you buy or finance qualifying equipment this year, you can deduct the full purchase price from your gross income, lowering your tax burden while supporting your operational needs.
Whether you’re purchasing equipment for the first time or upgrading to a newer model, Section 179 can help ease the financial burden. If you’re unsure whether to repair existing equipment or invest in new machinery, take our Repair or Replace Equipment Assessment.)
For detailed information, visit section179.org. It’s also a good idea to consult with your finance team or accountant to fully understand how this deduction applies to your business. Remember, purchases must be completed and equipment in service by December 31st to qualify.
Our equipment specialists are here to help you choose the best packaging solutions to boost your productivity and efficiency. Contact us to start the process!