If you’re looking to purchase and install a new waterjet, do so before December 31 to take advantage of the new Section 179 deduction limits set for 2018 capital expenses. This tax deduction was recently increased to $1,000,000 for 2018 and beyond, and applies to capital expenses on purchases based on the current year instead of a depreciation schedule.

There was also an increase made to equipment purchases, now set at $2,500,000. This includes new and used equipment, as well as off-the-shelf software. After you reach this limit, the deduction will phase out on a dollar-for-dollar basis.

Bonus appreciation was increased from 50% to 100%, retroactive to September 27, 2018 and extends through 2022. You can now use it for old as well as new equipment, with no spending cap. More information can be found at section179.org, or use the Section 179 Tax Deduction Calculator to see your potential savings!

Calculate Your Savings

You’ve probably heard the phrase “Made in America” so many times that it has lost its meaning. With so much deceptive labeling in the market nowadays, consumers are understandably wary of these types of claims. According to the Federal Trade Commission, in order to advertise a product as made in the USA, it must be “all or virtually all” manufactured on domestic soil.

Most of the big-name waterjet OEMs declare their products American-made, but the appropriate phrase would be “Assembled in America” using the FTC’s guidelines. WARDJet can confidently proclaim that our waterjet systems are made in America.

Read more about how our waterjets are Made in America