2018 Tax Code Changes

Section 179 – Accelerated Expensing

2018 Tax Cut and Jobs Act included a provision to allow for HVAC products to be immediately expensed.
Under Section 179, all components of a “heating, ventilation and air-conditioning” system can be expensed in first year versus over 39 years.

For commercial buildings, the cost of HVAC equipment placed into service in 2018 may be deducted as a business expense.

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