Section 179 Tax Benefits
Reduce the cost of your equipment.
Make the Most of the Updated Section 179 Tax Incentive
Thinking about financing or leasing equipment in 2025? Updated federal tax rules could make this your most cost-effective year yet.
What Is Section 179?
It allows businesses to deduct the full purchase price of qualifying equipment financed or purchased — as long as it’s put into service by December 31, 2025.
What’s New for 2025?
- Section 179 expensing limit increased to $2.5 million
- Bonus depreciation restored to 100% — up from 40%
- Applies to both new and used equipment
- Improved interest deductions help reduce total cost of financing
Already have equipment in mind?
How It Works:
- Acquire and install your equipment by 12/31/25
- Fill out Part 1 of IRS Form 4562
- Attach it to your business tax return
This is general guidance only — be sure to consult your tax advisor to confirm eligibility and savings for your business.
North Star Leasing has been dedicated to providing easy access to flexible equipment financing solutions since 1979. Our commitment to personalized service sets us apart in the industry— no impersonal credit scoring systems, and a dedicated Equipment Financing Expert to help you navigate the process. When you call North Star Leasing, you’re treated as a valued customer, not just a number.
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