The Clock is Ticking: Maximize Section 179 Tax Benefits by January 20, 2025

As President of Mac-Tech, I make it a priority to help metal fabrication shops get the most out of their investments, especially when it comes to saving on taxes. One of the biggest opportunities for tax savings right now is the Section 179 deduction, which allows you to write off the full cost of equipment like a hydraulic press brake in the year it’s purchased. But there’s a deadline: after January 20, 2025, this benefit could change, making now the optimal time to buy.

Why a Hydraulic Press Brake is a Smart Choice for Your Shop

A hydraulic press brake is more than just a new piece of equipment—it’s a transformative addition that boosts production capabilities and improves efficiency. These machines offer versatility and precision, allowing shops to handle a wide range of bending and shaping tasks with ease. By investing in a hydraulic press brake, you’re equipping your shop with technology that streamlines production and provides a competitive edge.

How Section 179 Reduces Your Taxable Income Significantly

Under Section 179, businesses can immediately deduct the full cost of equipment like a hydraulic press brake, reducing their taxable income and improving cash flow. For instance, if your press brake costs $100,000, you could potentially save up to $25,000 or more, depending on your tax bracket. This immediate deduction isn’t just a tax break; it’s a way to strengthen your financial position and reinvest in your business.

Act Now: Don’t Miss the January 20, 2025 Deadline

Time is of the essence. With the Section 179 tax benefit expiring on January 20, 2025, waiting to make your purchase could mean missing out on these valuable tax savings. Securing a hydraulic press brake now allows you to lock in both the productivity benefits and financial savings this equipment brings. If you’re considering an upgrade, acting before the deadline ensures you won’t miss this important opportunity to save.

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A Strategic Investment in Your Business’s Future

Investing in a hydraulic press brake under Section 179 is a choice that pays off both now and in the years ahead. This tax benefit not only reduces your costs today but also positions your business for greater efficiency, productivity, and growth. By purchasing before the January 2025 deadline, you’re making a proactive choice that enhances both your financial and operational strengths in a highly competitive industry.

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President

Joe Ryan
President, Mac-Tech

At Mac-Tech, we help manufacturers sleep at night by focusing on exceptional after-sale service. With a 10-man service team, we understand that while selling equipment is easy, supporting it long-term is where the real challenge lies. That’s why, over our 40 years in business, we’ve carefully selected our partners to ensure quick, effective support for our customers. Our team, alongside our factory partners, is always ready with technicians and parts to keep our customers' operations running smoothly.

I specialize in metal fabrication cutting, forming, and automation equipment for the precision, structural, and architectural metal markets. My approach is to deliver great value and quality solutions to metal fabricators, recognizing both their efficiencies and pain points. By presenting justifiable investments in new technology, I help our customers become more efficient, safer, and ultimately more profitable.

One highlight of my work is the relationship we built with L&N Fabricators in Gillet, WI. After they experienced dissatisfaction with their previous fiber lasers, we stepped in with preventive maintenance packages for their existing equipment, even though it wasn’t originally ours. This led to us securing an order for a new 20kW HSG Fiber Laser. We also discovered that high-wattage fibers reduce overall gas usage while increasing cutting speeds and capacities, further validating the benefits of this technology.

If you’re interested in maximizing your operation's efficiency or need advice on the latest in metal fabrication technology, don’t hesitate to reach out. I’m here to help you achieve your goals.

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