Contractors Get Big Advantage with Section 179: Fast Facts on How Buying Now Can Expand 2017 Business

Have you ever wished you could buy new equipment to grow your business and also help your bottom line? The Section 179 deduction allows for businesses to deduct the full amount of the purchase price of equipment up to $500,000, as long as the equipment is purchased before the end of December 31, 2016.

Fast Facts:

  • Section 179 is aimed at general business equipment. If you plan to use the equipment you are leasing, financing, or buying for business purposes in 2017, then it most likely qualifies for a Section 179 deduction.
  • Section 179 deductions are simple to handle. Simply buy, lease, or finance your equipment and fill out IRS form 4562.
  • Section 179 is a “Use- It-Or-Lose-It” write-off that ends on the 31st of December, so it makes sense to utilize the tax savings while you can.
  • offers a calculator where you can estimate your savings on qualifying equipment.
  • The equipment you write off for Section 179 must be bought in the tax year in which you are claiming the deduction.

Reasons to Buy Now:

  • Expand your services in 2017 to offer coatings, decorative concrete and polished concrete by investing in the right equipment to do the job
  • CPS Grinders, burnishers, auto scrubbers, and vacs, including electric or propane versions, qualify for this deduction
  • CPS is offering incentives and special deals during the end of the year, so you can increase your savings even further on equipment.

Taking the Section 179 deduction is a straightforward way to invest in the future of your business while saving a bundle. Why not take advantage of the opportunity to grow your contracting business with CPS grinding and polishing equipment? Through December 31st, customers with qualifying equipment purchases through Runyon, a CPS distributor, will receive a $250 Amazon Gift Card AND a $250 credit towards CPS tooling.

Be sure to talk to your tax advisor to learn more.

To take advantage of this special offer, contact us here or for more information, download the PDF info sheet here.

Contractors Get Big Advantage with Section 179: Fast Facts on How Buying Now Can Expand 2017 Business

About Concrete Polishing Solutions

Concrete Polishing Solutions is the leader in providing equipment, tooling, chemicals, and training to contractors and distributors in the polished concrete flooring industry. CPS offers a full line of equipment, tooling, and chemicals for all of your polished concrete needs. From start to finish, CPS helps you save time and earn more. More information on Concrete Polishing Solutions can be found at our website


Concrete Polishing Solutions Diamond Tooling Guide

Runyon Surface Prep is an authorized distributor for CPS (Concrete Polishing Solutions), offering floor grinders and diamond tooling for a variety of floor surfaces. CPS researches new equipment, diamond tooling, chemicals and more for use in the polished concrete industry. For more than a decade, the company has been committed to developing the tools contractors need to complete every flooring project successfully.

CPS Diamond Tooling Guide

To help in choosing the correct CPS diamond tooling for a number of grinding or polishing jobs, we’ve put together a one-page, full-color CPS Diamond Tooling Guide outlining seven of the most common removal and polish jobs, the right tooling, recommended machine speeds for each job and the average production per hour that contractors can expect.

Attributes of CPS Diamond Tooling

CPS Black Series (first 3 tasks): Black series metal bonded tooling is a traditional trapezoid-type tool that is soft bond. Life expectancy is an average of 8,000 to 10,000 square feet. Available in 6,16, 30/40, 60/80 and 150 grits.

CPS MACH Series (task #4): The CPS MACH series tooling cuts like resins and wear like metals. They don’t glaze up on hard concrete and can replace metals on 90 percent of floors. They are built tough, with an 8,000 square foot life span, increasing production over 100% as compared to dry metal bonds on hard concrete. MACH tools need no water, taking on hard concrete and grinding down to exposed aggregate if needed.

CPS Sektors (last 3 tasks): CPS Sektors are one-size-fits-all tooling that works equally well on soft, hard or medium floor surfaces. Sektors combine reduced labor costs with excellent tooling life to create the lowest cost per foot dry polishing system on the market.