--- title: Invest in Technology and Deduct up to $1,000,000 on Next Year's Tax Filing description: Investment in technology can pay off when it comes to your taxes. Section 179 of the IRS Tax Code allows businesses to deduct up to $1,000,000 from their taxes by investing in qualified equipment and software. Contact a Pine Cove representative to learn more about the specifics. image: https://marketing.pinecc.com/hubfs/Cover.png --- - [MT Cybersecurity Report](http://www.pinecc.com/montana-cyber-security-report) - [Technology News & Blog](https://marketing.pinecc.com/blog) - [Partners](http://www.pinecc.com/partners) - [Careers](http://www.pinecc.com/pine-cove-careers) [![Pine Cove Consulting](https://marketing.pinecc.com/hs-fs/hubfs/Website/pcc_logo_lrg_color_transparent.png?width=576&height=288&name=pcc_logo_lrg_color_transparent.png "Pine Cove Consulting")](http://www.pinecc.com) - Solutions - [Cybersecurity](http://www.pinecc.com/cyber-security) - [Infrastructure](http://www.pinecc.com/infrastructure) - [Communication](http://www.pinecc.com/communication) - [Physical Security](http://www.pinecc.com/physicalsecurity) - [Student Safety](http://www.pinecc.com/student-safety) - [User Security](http://www.pinecc.com/user-security) - IT Services - [Budgeting/Sustainability Planning](http://www.pinecc.com/budgeting) - [Support Services](http://www.pinecc.com/support) - About Us - [History](http://www.pinecc.com/about) - [Our Team](http://www.pinecc.com/team) - [Community Involvement](http://www.pinecc.com/community) - [Case Studies](http://www.pinecc.com/casestudies) [![Contact Us](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/164718/216a4af8-6258-4cec-943b-457d7f5f275e.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/164718/216a4af8-6258-4cec-943b-457d7f5f275e) # Invest in Technology and Deduct up to $1,000,000 on Next Year's Tax Filing [![Jace Holyoak](https://marketing.pinecc.com/hubfs/Website/Team/Cartoons/PCC_06-JaceHolyoak_HQ.jpg) Jace Holyoak](https://marketing.pinecc.com/blog/author/jace-holyoak) ![Topic](https://cdn2.hubspot.net/hubfs/685080/HubSpot_Template_Marketplace/Cobalt%20Modular/icons/co-topic.svg) [Cybersecurity](https://marketing.pinecc.com/blog/topic/cybersecurity),  [Infrastructure](https://marketing.pinecc.com/blog/topic/infrastructure),  [Communication](https://marketing.pinecc.com/blog/topic/communication) ![Date Published](https://cdn2.hubspot.net/hubfs/685080/HubSpot_Template_Marketplace/Cobalt%20Modular/icons/co-calendar.svg) Nov 20, 2018, 2:58:21 PM ![Reading Time](https://cdn2.hubspot.net/hubfs/685080/reading-time.svg) Reading Time: A super quick read. Share: [ ](https://www.facebook.com/share.php?u=https://marketing.pinecc.com/blog/invest-in-technology-and-deduct-up-to-1000000-on-next-years-tax-filing) [ ](https://www.linkedin.com/shareArticle?mini=true&url=https://marketing.pinecc.com/blog/invest-in-technology-and-deduct-up-to-1000000-on-next-years-tax-filing) [ ](https://twitter.com/intent/tweet?original_referer=https://marketing.pinecc.com/blog/invest-in-technology-and-deduct-up-to-1000000-on-next-years-tax-filing&url=https://marketing.pinecc.com/blog/invest-in-technology-and-deduct-up-to-1000000-on-next-years-tax-filing&source=tweetbutton&text=Invest%20in%20Technology%20and%20Deduct%20up%20to%20$1,000,000%20on%20Next%20Year's%20Tax%20Filing) ![Leaf Financial](https://marketing.pinecc.com/hubfs/Cover.png) ![Leaf Financial](https://marketing.pinecc.com/hs-fs/hubfs/Cover.png?width=1200&name=Cover.png) [(Image from our Friends at LEAF Financial)](https://www.leafnow.com/) If your business is looking to upgrade its equipment and software, now is the time. The Tax Cuts and Jobs Act of 2017 has raised the deduction for businesses purchasing qualified equipment and software to $1,000,000. To qualify you must purchase before December 31st. This is a dollar-for-dollar reduction of taxable income under Section 179 of the IRS Tax Code! If this interests you, visit our friends at LEAF Financial to view their "[Section 179 Tax Savings Calculator](https://www.leafnow.com/section179/?mkt_tok=eyJpIjoiWldOallqRTVNakE1Wm1ZdyIsInQiOiJTWnpcL1ZzclVJVnpVeHU2aUhxaTBjUXczeTQ0N2hvMUFldHl2bXRkNXlLYTV3S2MwNE41T3RkbllGOXo1UW9SVVA2RHJjUzN5OVVmRWJGeFR2MHc1ekVXeFk2ckY0ellGTmJ0dHBVSDd6dmJwXC9VeG5vdVhGXC96NnIxZmhUemxEQyJ9)" to see how much you could save on your taxes by investing in technology. Contact Pine Cove Consulting to learn more about specifics and how we can help plan for your future by investing in technology in a sustainable way. [![Contact Us](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/164718/808d926a-6cb3-4aac-afe8-abc554b7977e.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/164718/808d926a-6cb3-4aac-afe8-abc554b7977e) [Next 2018 MT Cyber-Security Report](https://marketing.pinecc.com/blog/2018-mt-cyber-security-report-analyzing-the-failures-of-mt-businesses-in-2018-to-prepare-for-2019) [BLOG](https://marketing.pinecc.com/blog) [Previous Hackers target admins when they can't beat Sophos Security](https://marketing.pinecc.com/blog/if-you-cant-beat-the-solution-beat-the-admin) ### **You may also be Interested in the Following Blogs:** 6 November, 2024 ![author](https://cdn2.hubspot.net/hubfs/685080/author.png) [Eddie the Sasquatch](https://marketing.pinecc.com/blog/author/eddie-the-sasquatch) ##### [Our 5-Step Process](https://marketing.pinecc.com/blog/5-step-process) Pine Cove Consulting’s 5-step process ensures seamless Wi-Fi for institutions by optimizing performance, reliability, and long-term support. Through a strategic partnership with RUCKUS Networks, Pine Cove analyzed, designed, deployed, and continues to support... [Read more](https://marketing.pinecc.com/blog/5-step-process) 24 October, 2024 ![author](https://cdn2.hubspot.net/hubfs/685080/author.png) [Eddie the Sasquatch](https://marketing.pinecc.com/blog/author/eddie-the-sasquatch) ##### [Highlights from Verkada One 2024](https://marketing.pinecc.com/blog/highlights-from-verkada-one-2024) In October 2024, Denver was buzzing with the latest in physical security at the highly anticipated [Verkada One Conference](https://www.verkada.com/blog/announcing-verkadaone-2024/). This three-day event attracted over 1,600 attendees, including industry leaders, technology innovators, and key partners. Verkada didn’t... [Read more](https://marketing.pinecc.com/blog/highlights-from-verkada-one-2024) 16 October, 2024 ![author](https://cdn2.hubspot.net/hubfs/685080/author.png) [Eddie the Sasquatch](https://marketing.pinecc.com/blog/author/eddie-the-sasquatch) ![topic](https://cdn2.hubspot.net/hubfs/685080/topic.png) [Newsletter](https://marketing.pinecc.com/blog/topic/newsletter) ##### [Trail Report: It's Cybersecurity Awareness Month!](https://marketing.pinecc.com/blog/october-2024-trail-report) Welcome IT dwellers, it’s October and I’m here to tell you what’s new in the IT sphere. Here’s what’s been on my mind lately: - MFA - CISO job security concerns - Biometric access control [Read more](https://marketing.pinecc.com/blog/october-2024-trail-report) ## Follow Pine Cove On Social Media For news, satire, and information. [ ](https://www.facebook.com/Pinecoveconsulting) [ ](https://www.linkedin.com/company/pinecoveconsulting/) [ ](https://twitter.com/PINECC) [ ](https://www.youtube.com/user/Pinecoveconsulting) ![Screenshot 2023-02-16 at 1.11.58 PM](https://marketing.pinecc.com/hs-fs/hubfs/Screenshot%202023-02-16%20at%201.11.58%20PM.png?width=103&height=175&name=Screenshot%202023-02-16%20at%201.11.58%20PM.png "Screenshot 2023-02-16 at 1.11.58 PM") ![2022 VERKADA](https://marketing.pinecc.com/hs-fs/hubfs/2022%20VERKADA.png?width=500&height=500&name=2022%20VERKADA.png "2022 VERKADA") ![2022 MSP 500](https://marketing.pinecc.com/hubfs/2022%20MSP%20500.png "2022 MSP 500") ![2022 CRN 100](https://marketing.pinecc.com/hubfs/2022%20CRN%20100.png "2022 CRN 100") ![2021 SOPHOS PARTNER](https://marketing.pinecc.com/hubfs/2021%20SOPHOS%20PARTNER.png "2021 SOPHOS PARTNER") ![2021 CRN MSP](https://marketing.pinecc.com/hubfs/2021%20CRN%20MSP.png "2021 CRN MSP") **Products** --- - [Cyber Security](http://www.pinecc.com/cyber-security) - [Physical Security](http://www.pinecc.com/physicalsecurity) - [Network Infrastructure](http://www.pinecc.com/infrastructure) - [Communication](http://www.pinecc.com/communication) - [User Security](http://www.pinecc.com/user-security) - [Student Safety](http://www.pinecc.com/student-safety) **Services** --- - [Support Services](http://www.pinecc.com/support) - [IT Budgeting](http://www.pinecc.com/budgeting) **About Us** --- - [Contact Us](http://www.pinecc.com/contact) - [About Us](http://www.pinecc.com/about) - [Community Involvement](http://www.pinecc.com/community) - [Technology Leadership Program](http://www.pinecc.com/scholarship) - [Tech News & Blog](https://marketing.pinecc.com/blog) - [FAQ](http://www.pinecc.com/faq) - [Careers](http://www.pinecc.com/pine-cove-careers) Copyright © [Pine Cove Consulting](http://www.pinecc.com/) [](https://www.linkedin.com/company/pinecoveconsulting) [](https://www.facebook.com/Pinecoveconsulting) [](https://twitter.com/PINECC) [](https://www.youtube.com/user/Pinecoveconsulting) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Jace Holyoak", "url" : "https://marketing.pinecc.com/blog/author/jace-holyoak" }, "dateModified" : "2018-11-20T21:59:11.646Z", "datePublished" : "2018-11-20T21:58:21.000Z", "headline" : "Invest in Technology and Deduct up to $1,000,000 on Next Year's Tax Filing", "image" : [ "https://marketing.pinecc.com/hubfs/Cover.png" ], "mainEntityOfPage" : { "@id" : "https://marketing.pinecc.com/blog/invest-in-technology-and-deduct-up-to-1000000-on-next-years-tax-filing", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://marketing.pinecc.com/hubfs/Website/pcc_logo_lrg_color_transparent.png" }, "name" : "Pine Cove Consulting" } } ```