Tax Savings Make Fiber Lasers More Affordable Than Ever

Section 179 of the US 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.  See the latest information on Capital purchases, bonus depreciation in Section 179.

Now is the time to purchase an IPG fiber laser, fiber laser system or retrofit your old laser source with a new energy-efficient fiber laser. The U.S. Government has sent some stimulus your way in the form of the Section 179 deduction; please consult Section 179 website for more details as available.

Calculate your energy savings from a fiber laser here.

Disclaimer: This is not tax advice. Consult your tax consultant for tax advice and the applicability to your business and circumstances. Any advice contained in this document was not intended to be used, and cannot be used, by you (or any other taxpayer) to avoid penalties under the Internal Revenue Code of 1986, as amended.