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.
* Originally
published in AMT document
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