financing

Do You Know About the Accelerated Tax Deductions Eliminated in 2013?

In addition to the 2.3{0730eed075b45d9e50c00d6cd42dd08773e0164f29a45151808bf89051290974} Obamacare excise tax that starts 1/12013, two of the accelerated tax deductions will disappear.

  • The Section 179 Allowance is reduced from $139,000 to just $25,000 ($0 for equipment >$225,000).
  • The 50{0730eed075b45d9e50c00d6cd42dd08773e0164f29a45151808bf89051290974} Bonus depreciation is completely eliminated.

TAKE2 Do You Know About the Accelerated Tax Deductions Eliminated in 2013?

如果你等到2013年, you will defer until later years 65{0730eed075b45d9e50c00d6cd42dd08773e0164f29a45151808bf89051290974} of the possible tax deductions and tax savings you could have taken in 2012. Specifically:
• $94,775 in Total Deductions ($50,000 in 2013 vs. $144,775 in 2012)
• $36,015 in Tax Savings ($19,000 in 2013 vs. $55,015 in 2012)

If you plan to acquire this equipment, and have significant 2012 taxable income to shelter, it would be advisable to act in 2012 in order to take advantage of these accelerated tax deductions before they expire.

Contact us atwww.m.fundalarms.comor call 1-877-924-2020 and let our expert team help you today with a customized version of this analysis along with each financing proposal.

与第179条省钱 - 截止日期12月31日

Posted on byHTH华体会

Most people think the Section 179 deduction is some mysterious or complicated tax code. Essentially, Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. 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 U.S. government to encourage businesses to buy equipment and invest in themselves. Today, Section 179 is one of the few incentives included in any of the recent Stimulus Bills that actually helps small businesses. Although large businesses also benefit from Section 179 or Bonus Depreciation, the original target of this legislation was much needed tax relief for small businesses – and millions of small businesses are actually taking action and getting real benefits.

When your business buys certain items of equipment, it typically gets to write them off a little at a time through depreciation. In other words, if your company spends $50,000 on a machine, it gets to write off (say) $10,000 a year for five years (these numbers are only meant to give you an example). Now, while it’s true that this is better than no write off at all, most business owners would really prefer to write off theentire equipment purchase pricefor the year they buy it。事实上，如果企业可以删除全部金额，他们可能会在今年添加更多设备而不是在未来几年内等待。这是第179条后面的整个目的 - 激励美国经济（和您的业务）以积极的方向移动。对于大多数小企业（2012年增加总设备，软件和总车辆），2012年纳税申报表可以截止全部成本。

All businesses that purchase, finance, and/or lease less than $560,000 in new or used business equipment during tax year 2012 should qualify for the Section 179 Deduction. If a business is unprofitable in 2012, and has no taxable income to use the deduction, that business can elect to use 50% Bonus Depreciation and carry-forward to a year when the business is profitable. The equipment, vehicle(s), and/or software must be used for business purposes more than 50% of the time to qualify for the Section 179 Deduction. Simply multiply the cost of the equipment, vehicle(s), and/or software by the percentage of business-use to arrive at the monetary amount eligible for Section 179.

Contact Laser Locators today to talk with their team about how 179 can help with your purchase. We also offer creative financing options throughout the United States and Canada.

资源：www.section179.org