Section 179 Tax Deduction for Distribution Software
Throughout 2021, it’s important think about the benefits of the Section 179 Deduction for software purchases.
What is the Section 179 Deduction?
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased/financed and installed during that tax year. That means that if you buy (or lease) a piece of qualifying equipment or software, you can deduct the purchase price from your gross income. It’s an incentive created to reward businesses that invest in themselves.
By opting to not use the deduction, companies have to amortize the write-off over the useful life of the purchased asset. However, using the Section 179 Deduction decreases your Federal Income Tax for 2021, saving your company money at year’s end!
How much money?
It depends on what you claim, but the deduction limit stands at $1,050,000 for software investments made in the calendar year.
So, if you’re ready to improve your business with comprehensive Cloud or On-Premise ERP-ONE+ distribution software with tools like wireless warehousing, mobile applications for remote engagement, and a supplemental integrated E-Commerce webstore, now is the time!
The Distribution One implementation calendar is already being scheduled for next year. Remember: to qualify, software purchases and installation must be completed by December 31, 2021.
Have questions? Visit the official Section 179 website and speak with your accountant or tax professional. Distribution One distribution experts are also here to help! Contact us today to ensure your tax benefit for next year.
Grace Barton
Marketing Specialist
About the Author Latest Posts
Grace Barton is a digital marketing and competitive intelligence professional who crafts strategic narratives by bridging marketing insights with analytical expertise. At Advantive, she creates engaging, data-driven content tailored to the distribution, manufacturing, packaging, and quality industries. Her goal is to deliver impactful messaging that drives engagement and growth based on specific gap closure needs, whether responding to sales organization requirements, pinpointing gaps in content, or meeting immediate market trends.
She thrives on transforming competitive intelligence into actionable insights for the sales organization. Grace manages Advantive’s competitive intelligence platform, Klue, to equip the sales team with the battlecards and market data they need to stay ahead of competitors. Since launch, she’s built 28+ battlecards across four lines of business, ensuring the GTM strategy stays sharp.
Grace has a passion for leveraging market insights with storytelling to guide strategic decision-making, empower sales organizations, and nurture organizational growth.
Areas of Expertise: Digital Marketing, Competitive Intelligence, Strategic Narratives, Marketing Insights, Analytical Expertise
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Distribution & 3PL review panel
Articles on wholesale ERP, 3PL operations, and warehouse management are reviewed by the DDI System (inFORM ERP), Distribution One (ERP-ONE+), and VeraCore teams — the platforms running specialty wholesale and fulfillment operations across HVAC, plumbing, electrical, fasteners, JanSan, and 3PL verticals.