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Friday, December 21, 2012
Happy Holidays from Shoppa's Mid America!
Tuesday, December 4, 2012
Temporary Tax Cut - IRS Section 179 Deduction & Bonus Depreciation Ends December 31st
If you are considering the purchase or lease of equipment, now is the time to act. You may be able to lock in accelerated deductions by buying qualifying new and used equipment. We recommend that you review this information with your tax and financial advisors to determine your actual savings.
2012 Deduction Limit
Section 179 Deduction limit after adjustment for inflation has increased to $139,000.
2012 Limit on Capital Purchases
Section 179 Threshold for total of equipment has increased to $560,000.
2012 Bonus Depreciation
The law allows 50% "Bonus Depreciation" on an unlimited amount of qualified assets. Applies to new equipment only.
Hurry these incentives end December 31st. Request a quote from Shoppa's Mid America today. We have a HUGE IN-STOCK INVENTORY of forklifts, reach trucks, pallet jacks, scissor lifts, industrial floor cleaning equipment, and more! Visit our website for more information.
ACT NOW IRS SECTION 179 DEDUCTION & BONUS DEPRECIATION ENDS DECEMBER 31ST!
2012 Deduction Limit
Section 179 Deduction limit after adjustment for inflation has increased to $139,000.
2012 Limit on Capital Purchases
Section 179 Threshold for total of equipment has increased to $560,000.
2012 Bonus Depreciation
The law allows 50% "Bonus Depreciation" on an unlimited amount of qualified assets. Applies to new equipment only.
Hurry these incentives end December 31st. Request a quote from Shoppa's Mid America today. We have a HUGE IN-STOCK INVENTORY of forklifts, reach trucks, pallet jacks, scissor lifts, industrial floor cleaning equipment, and more! Visit our website for more information.
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