Tax Savings See the benefits Maximize Your Savings When you’re ready to make an equipment purchase, think ahead to your tax saving options. Solutions from Northland Capital can help maximize your tax savings after financing, strategically leveraging deductions and credits available under current tax laws. Realize the Benefits Think of our team as your equipment leasing advisors. We walk you through customized solutions that best fit your needs—all with tax savings in mind. Lease Advantages Leasing is a great option for increasing tax savings, especially when it comes to equipment and vehicle leasing. You may be able to deduct your monthly payments as operating expenses on your tax returns and reduce large upfront costs. Learn more about Northland Capital leasing options and advantages here. Bonus Depreciation Bonus depreciation can offer significant tax savings. By deducting a substantial percentage of the cost of qualifying assets in the year they are placed in service, you can recover your investment quicker and provide immediate capital for reinvestment or operational needs. Find more tips here. Section 179 Section 179 is a valuable tax provision that allows you to deduct the full purchase price of qualifying equipment from your gross income, providing significant tax savings in the year of acquisition. This accelerates depreciation and enhances cash flow. See your potential savings with our Section 179 Calculator—coming soon! Discuss Your Options As with any business, there are limitations and qualifications that need to be met, so consult with your tax advisor to understand the full potential of these tax-saving options. Get in touch with the Northland Capital team to see how leasing, bonus depreciation, and Section 179 can benefit you. Connect With Us