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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