How to maximize your tax deduction with Section 179
Business expenses add up, but Section 179 can help you save money with immediate tax deductions. Invest in your business today with the tools you need to grow.
Did you know that as a business owner, you may be able to deduct the full cost of tools and software you use every day on your annual return? With Section 179, you may not need to capitalize and depreciate certain assets. Get instant tax gratification and purchase what your business needs today. Spoiler—Lightspeed hardware, software and add-ons qualify under this tax break.
Understand Section 179 with this guide and explore topics such as:
- What this really means for your business
- What purchases qualify for this incentive
- How to take advantage of this tax break
The tax-related information contained herein is informational only and is not nor should be construed as tax advice. You should seek the advice of a tax professional regarding your individual tax circumstances. Please note—only businesses operating in the USA can claim Section 179.
6 Ways to Run your Restaurants Smarter in 2023
As the industry evolves, restaurants need to look to the future to stay ahead of trends and adopt new strategies that...
2022 Report: State of the Global Hospitality Industry
A survey of over 8,000 hospitality workers and customers around the world shows how challenges and trends compare...
Business Plan Template: Restaurant
A restaurant business plan provides the foundation for your business. Not only is a detailed business plan the key to...
The Ultimate POS Buyer’s Guide for Restaurants
In today’s competitive hospitality landscape, you need tools that support your business as it grows. Achieving...
Food Cost Calculator
Lightspeed’s food cost calculator breaks down your menu per dish. It factors in each ingredient (primary and...