This benefit is only applicable to small and medium-scale businesses. To ensure this limitation, the maximum purchase limit cap is $3,670,000. Any industry spending more than the limit cannot qualify.
Most of the equipment, off-the-shelf software, and business-use vehicles are covered under this scheme. This, of course, includes automation supplies like our DIY Robotics Cells. Businesses are also eligible to get a non-tax capital lease up to the deduction limit without having to pay any amount in 2021. The US government has made a dedicated page for detailed information which can be accessed on section179.org.
All this can help S&M businesses capitalize on their hard cash and minimize their out-of-pocket expenses. Businesses, if eligible, can get up to 100% tax deduction.