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Bobcat Section 179 Tax Deductions

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Time to Take the Credit You Deserve with Section 179

Now is the perfect time to take advantage of tax benefits when you purchase any new or used Bobcat machine from Bobcat GDN. Along with some of our best rebates and financing options, you can still utilize Section 179 accelerated depreciation this year. Simply purchase and take delivery before December 31, 2024, and remember to file the necessary IRS forms to reduce your annual tax burden. Don’t wait—contact your local Bobcat GDN representative today to explore available inventory and secure the machine and options that suit your needs.

Section 179 for 2024 – An Overview

When you purchase equipment for your business, Section 179 allows you to deduct a significant portion of the cost through accelerated depreciation. For example, if a company purchases a $100,000 piece of equipment and places it in service in 2024 when bonus depreciation is set at 60%, you could benefit from:

  • A 60% accelerated depreciation, deducting $60,000 from your taxable income.

  • Assuming a 35% tax bracket, the tax savings would be $21,000 ($60,000 deduction × 35% tax rate).

  • The effective cost of the equipment would be reduced to $79,000 after tax savings ($100,000 - $21,000).

Gateway Dealer Network LLC and its employees do not provide tax advice. Please consult your CPA or tax advisor to review your specific situation.

Contact Bobcat GDN to Maximize Your Section 179 Benefits

Ready to maximize your savings with Section 179? Contact Bobcat GDN today to learn more about our available inventory and tax-saving opportunities. Act now to make sure you secure the right machine and take full advantage of the Section 179 benefits before the December 31, 2024 deadline.

  • Excavators – Compact or Large
    0% financing for 48 months or rebates up to $8,000

  • Compact & Mini Track Loaders
    0% financing for 48 months or rebates up to $10,000

  • Compact Tractors
    0% financing for 72 months plus a 6-year, 2,000-hour powertrain warranty

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Disclaimer: Offer ends December 31, 2024. Available at participating and eligible dealers only. Offers may vary by product type, series, model, and specific units in the dealer's current inventory. Delivery must be taken from dealer stock by December 31, 2024. Offers are available on new equipment in the US and Canada only. Some restrictions apply. Length of contract and rate may vary. Monthly payments are subject to change. Prior purchases are not eligible. See dealer for details. Financing is provided upon credit approval by authorized Bobcat finance providers to well-qualified buyers. All finance programs and rates are subject to final approval by the applicable Bobcat finance provider and may change at any time without notice. Administrative fees may apply. This offer is not available to government accounts, national accounts, and municipal/utility bid customers. Bobcat Company reserves the right to extend or discontinue any of these programs at any time without prior notice. WARNING: This product can expose you to chemicals including engine exhaust (including diesel engine exhaust when equipped), lead and lead compounds, mineral oils, soots, phthalates, and carbon monoxide, which are known to the State of California to cause cancer and birth defects or other reproductive harm. For more information, go to www.P65Warnings.ca.gov.

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