
WANT
TO ACQUIRE NEW EQUIPMENT?
DON’T
HAVE THE CASH?
What would you say if the IRS
wanted to give you a 35% cash advance to help you acquire your equipment?!
Well, that’s exactly what they are doing, in the US tax code.
Thanks to Congress’s bipartisan
Economic Stimulus Package, under IRS Section 179,equipment purchases of up to
$250,000 can be 100% expensed (deducted from taxable income) for eligible
property placed in servicing a trade or business in 2008, instead of
depreciated over time.
But don’t delay: If you
don’t put your equipment in service by December 31, 2008, you have to wait
another year to get the tax benefits, and the amount of this tax benefit is
scheduled to be significantly reduced in 2009.
A variety of business-essential
equipment and even certain computer software qualify.
GET YOUR SHARE OF THIS TAX
BENEFIT NOW!
Click here for more information.