US TAX LAW MAKES PURCHASING LASER SYSTEM MORE AFFORDABLE!
POWERFUL TAX INCENTIVES FOR NEW EQUIPMENT PURCHASES EXTENDED THROUGH 2009
For small business equipment purchases made in 2009 increased Section 179 expensing has been extended, as well as a 50% bonus depreciation allowance for new machine tools and other equipment ordered and placed in service during 2009 -- But are you taking advantage?
The one-year 50% bonus depreciation means that in 2009 you can write-off an extra 50% of the cost of your new equipment that you buy and start using in 2009.
PRIMA PLATINO
$700,000 Example Equipment Cost
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$250,000 Maximum Section 179 Deduction
………………………………………………………………………
$225,000 Bonus 50% First-Year Depreciation
($700,000 - $250,000) x 50%
………………………………………………………………………
$32,153 MACRS Standard Depreciation
($700,000 - $250,000 - $225,000) x 14.29%
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$507,153 Total First-Year Deduction!
72% = $507,153 First Year Deduction
Write-Off $700,000 Equipment Cost
$177, 503 CASH SAVINGS*
*Based on a company in a 35% tax bracket
If this sounds interesting please contact PRIMA North America today for a proposal.
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