You can typically take the full depreciation in the year you purchased the equipment under IRS Section 179, up to a limit which varies depending on which way th

You can typically take the full depreciation in the year you purchased the equipment under IRS Section 179, up to a limit which varies depending on which way the wind is blowing in Congress. For 2018 the limit is $1MM. Whether or not its more beneficial to you to take the depreciation over time is a question for your accountant—technically if you later sell the equipment you're supposed to recapture the revenue from the sale for tax purposes.