Wednesday, December 30, 2015

Take Advantage of Section 179 Tax Savings on all New and Used Construction Equipment Before the Year is Done






Speak to Your Accountant Today!
You Could Save Tens of Thousands of Dollars by Buying Equipment Before 12/31/15

When you purchase by 12/31/15

Here's how

Spend up to $2,000,000 on equipment by December 31st, 2015

Section 179 deductions of up to $500,000 and 50% bonus depreciation are available for purchases through 12/31/15*
  • Deduct up to $500,000 of the purchase price of a new machine this year
  • Bonus depreciation is 50% of the remaining cost after write-off on a new machine
  • Apply the additional standard depreciation of 20% per year over five years
  • Read more about Section 179
* This information should not be considered tax or legal advice. Contact the IRS or your tax adviser for additional details.


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