Recent legislative changes are delivering powerful tax incentives that directly benefit U.S. manufacturers—including Abbott Furnace Company and our customers.
Here are three key takeaways:
1. Accelerated Deductions Under Section 179
Companies can now deduct up to $1.25 million immediately for qualifying equipment. This allows businesses to invest in advanced thermal systems with minimal delay in seeing financial return.
2. Full Bonus Depreciation Through 2026
Large capital investments—like industrial furnaces—qualify for 100% bonus depreciation. This provision, extended through 2026, helps customers quickly recover the cost of their equipment upgrades.
3. R&D Expensing Simplified
One of the biggest shifts? R&D expenses are now fully deductible in the year they’re incurred. No more spreading those costs over five years—prototyping, control systems, software, and testing costs are all included.
What it means for Abbott and our partners:
These changes encourage innovation, reduce financial barriers to new technology, and make it easier than ever to invest in high-performance furnace systems. Whether you’re upgrading your line or developing a new process, the new tax code supports your progress.
CONTACT US today to explore how these incentives can accelerate your next project.
Email us at [email protected] or call 814.781.6355.
Why Choose Abbott?
With over 40 years of experience in thermal processing equipment, Abbott Furnace Company offers unmatched customization, rapid lead times, and comprehensive service. Every system we build is a product of collaboration—engineered for performance, built to last.
đź”— Ready to explore a custom furnace solution?
Contact us at [email protected] or call 814.781.6355.
