Did you know that as a business owner, you can 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.
2021 Global State of the Hospitality Industry Report
Lightspeed surveyed over 2,000 restaurant owners, operators, managers and guests across North America and Europe to see...
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...
Webinar | The new era of takeout and delivery
Join us, International Food and Beverage Technology Association and restaurant owners to find out how to set up your...
Webinar | How to reopen your business and prepare your staff
In this webinar, we’ll cover topics such as: Preparing unexpected changes in your inventory Adding new...