The Section 179 tax deduction allows companies to write-off up to $139,000 of equipment if total acquisitions are less than $560,000. If capital acquisitions exceed $560,000, this write-off is reduced dollar for dollar. For instance, if a company acquires $660,000 of equipment, it is able to write-off $139,000 less $100,000 (the amount of captial acquisition over the $560,000 limitation) for a net write-off of $39,000. Once a company’s capital acquisitions reach $699,000, it no longer qualifies for any Section 179 deduction. Equipment which is new to a company (for example, buying a used machine), can be expensed under Section 179.