Section 179 and Bonus Depreciation for the 2024 Tax Year

DECEMBER 2024 - Julie Murphy, Vice President of Marketing of Commercial Credit Group, was featured in the December issue of Manufacturing News titled "Section 179 and Bonus Depreciation for the 2024 Tax Year." Her article positioned Manufacturers Capital, a division of Commercial Credit Group (CCG), as a leading authority and trusted resource in equipment financing.

The manufacturing industry, known for its capital-intensive nature, benefits greatly from tax incentives like Section 179 and Bonus Depreciation. For 2024, these provisions offer significant financial relief by allowing businesses to write off equipment costs, thereby improving cash flow and reducing taxable income. 

To explore more how these deductions can benefit your manufacturing business, read the full article on Manufacturing News.