Coronavirus Response

Your safety and well-being is our top priority at OnePlace Capital. As the coronavirus outbreak escalates, we are taking a number of precautions to prevent its spread. Beginning Wed., March 18, until further notice, our office will be closed to walk-in visitors without an appointment. Additionally, to ensure the safety of our employees and their families, we have fully transitioned to a "work from home" environment.

We pride ourselves on answering every single call with a live person. However, with a significantly increased call volume, it is possible that a call into our office could be missed. If so, please leave a message, or send an e-mail to service@oneplacecapital.com. A member of our team will respond.

We are open, we are working, and our priority is to manage any request you may have. Be safe and be healthy. The team at OnePlace Capital.

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Section 179

Understanding Tax Benefits

Using Section 179 with an Equipment Finance Agreement might be the most profitable decision made this year!

How does it work?

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. If you buy or finance a piece of qualifying equipment, you can deduct the full purchase price from your gross income.

The deduction limit is $1,000,000 in 2020.

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