As we approach the end of the year, it’s a great time to take advantage of the Section 179 Business Investment Tax Deduction. With Section 179, you can deduct the full purchase price of qualifying business equipment, including cutting-edge solutions from Stenograph, such as our innovative NexGen writer and CATalyst transcription software, both of which qualify for this deduction.

Here’s how it works: Depending on your tax situation, the savings could be substantial. Sole proprietors and pass-through entities may see up to a 37% tax rate benefit, while C corporations could qualify for up to a 21% rate. Utilizing Section 179 can significantly reduce the cost of new equipment or software, providing immediate value for your investment.

To see how much you could save, check out the Tax Deduction Calculator or the Tax Benefits page on our website, and consult your professional tax advisor to determine your potential savings. Now is the time to make tax-smart investments and start 2025 with the best tools for success!