Client Alerts
March 05, 2018

Will the New Tax Law Result in Increased Equipment Demand?

Stites & Harbison Client Alert, February 26, 2018

Based on a recent Wall Street Journal article, companies that purchase equipment this year can expense 100% of the acquisition cost. While I am not qualified to provide tax advice (although many of my colleagues are if you need assistance in that area), this seems like a great opportunity for companies that finance equipment, and/or business acquisitions and mergers. The new tax law allows businesses buying equipment to deduct the entire cost of their purchases in the first year.

For more on the new tax law, please see the link provided above.