Extended Tax Incentives Provide Opportunity to Get More Value from 2011 Packaging Machinery Purchases
Under Section 179, businesses spending less
than $2,000,000 a year on qualified equipment
may write off up to $500,000 in 2011.
• 100% Bonus Depreciation on qualified
equipment acquired and placed in service
after September 8, 2010 thru December 31,
2011.
• The $500,000 deduction phases out when a
business purchases more than $2,000,000
in one year.
• Companies cannot write off more than their
taxable income.
• Your new equipment must be placed in
service by December 31, 2011.
Create Your Own Tax Break in 2011...click here to read more
Contact us and we can work together on creating a plan to suit your business needs
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