Press Automation   

Metalstamping and Material Handling Specialists

 

It's a Great Time to Buy   

Take Advantage of Extended Taxpayer Relief Act 

  

Congress has extended the 50% bonus depreciation offering through 2013 for new equipment acquired, delivered and in-service by December 31, 2013.  Plus, under Section 179 "small business" expensing has been increased to $500,000 for both new and used equipment purchases placed into service by Dec. 31, 2013 using a new cap of $2 million available for write-off.  

  

This means it's a great time to invest in new equipment, upgrade your machinery and maximize your productivity for improved profitability. 

  

Below are examples* of how the new laws can help you benefit from capital equipment investment, assuming a seven-year asset depreciation class. 

tax chart 

* Originally published in AMT document