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Section 179:
The Big Tax Break for Small Business

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Thanks to Section 179 of the IRS tax code, upgrading equipment may cost less than you think. Rather than taking a depreciation tax deduction over a number of years, you can deduct the full cost of qualifying equipment the year you buy it.
Thanks to Section 179 of the IRS tax code, upgrading equipment may cost less than you think. Rather than taking a depreciation tax deduction over a number of years, you can deduct the full cost of qualifying equipment the year you buy it.
APPLY NOW

Quick facts on Section 179 savings

When you file your taxes, you can deduct your equipment costs from your profits. Talk to your tax advisor about the facts and benefits which include…

  • Maximum deduction of $1,250,000 for 2025 (a $30K increase from 2024)

  • Ability to deduct just about any type of machinery and equipment used for business

  • Applies equally to equipment that’s fully or partially financed

You can find the most recently published rules for the Section 179 deduction in IRS Publication 946.

As with any tax rules, you should consult with your CPA or Tax Advisor to determine applicability to your specific equipment purchase and business situation.

Blue Bridge Financial is a part of the Independent Equipment Dealers Association.

Dave Cashmore

Dave Cashmore joined Blue Bridge in early 2021 as a Credit Manager and swiftly advanced to his current role as Senior Director of Credit. Drawing on his extensive credit expertise and deep understanding of risk management, Dave leads the credit team in structuring, underwriting, and managing the company’s portfolio. He plays a key role in designing credit programs that support business growth while maintaining a strong and resilient portfolio. Dave works closely with both the portfolio and sales teams to ensure credit decisions align with Blue Bridge’s strategic objectives and risk appetite. He holds a bachelor’s degree in Actuarial Science and Mathematics from SUNY Albany.

Janessa Brown

Janessa Brown joined Blue Bridge in September 2021 as a documentation specialist. Her commitment to efficiency and operational excellence led to her promotion to Senior Director of Broker Originations. In her current role, Janessa leads the broker originations team, overseeing relationships with brokers nationwide, driving the growth of broker-driven business, and continuously optimizing processes to improve performance and enhance service for our customers and partners.