Wednesday, August 26, 2009
Tuesday, August 18, 2009
Now Is the Time to Make Equipment Purchases
There has never been a better time to take advantage of tax deductions on equipment. The IRS Section 179 Plan offers small businesses a great opportunity to maximize their purchasing power. Section 179 allows businesses to deduct the full purchase price of qualifying equipment purchased or financed during the 2009 tax year (up to $250,000). That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It's an incentive created by the US Government to encourage businesses to buy equipment and invest in themselves.
To find out more about purchasing a trailer and how Section 179 can be extremely profitable to you, contact any one of our Sales or Finance Staff today.
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