Investing in safety always makes sense. With the newly revised 179 tax code, it makes more sense than ever to invest in safety equipment in 2019 and create a safer working environment.
In past years, any new capital project you undertook was depreciated over years. You can now deduct 100% of qualified investments in year one. In addition, the deduction limit has increased to $1 million for 2018 and beyond, and the limit on equipment purchases has increased to $2.5 million.1
Creating a safer work environment for employees is critical to increasing throughput and maximizing your business’s bottom line. Workplace hazards can be expensive and negatively impact the bottom line. Our customers often report that, while they want to resolve safety hazards, they are frustrated by not being able to do so in a timely, cost-effective manner.
Now is the time to resolve those hazards. The significant cost savings available through 179 provide an excellent economic incentive and sound budget justification for capital expenditures this year.
With a 45+ strong engineering department—and a proven track record of providing practical, reliable, and economically viable safety solutions—Carbis is well positioned to help you ensure the right safety plan is in place.
By purchasing safety equipment in 2018 and capitalizing upon the newly-revised 179 Tax Code, you will not only save significant dollars, you will help to ensure a safer workplace. Your Carbis Safety Representative can work with you to move your safety projects forward, and keep your people safer and your products flowing.
About Carbis Solutions
Sam Carbis Solutions Group, LLC is the global leader in customized bulk loading access equipment and turnkey systems for truck, rail, and marine applications across all industries. Our expert safety team has worked with hundreds of companies worldwide to assess workplace hazards, develop, and implement safety and training plans, and create custom solutions to mitigate risk. Carbis is passionate about working to keep people safer and products flowing, and helping companies increase throughput and maximize their bottom line.
1www.section179.org