W W Thayer Company - Tax incentives
Section 179:This deduction allows manufacturing companies to deduct the
first $135,000 of all equipment
purchases from their taxable income in any single year.
Purchases that qualify include:
• Cash
• Bank line of credit
• Bank installment loan
• Capital lease
• Finance lease with $1 buyout
MORE DEPRECIATION = LESS TAXES = LOWER
NET COST OF MACHINERY
Bottom line - There’s never been a better time to invest in machinery
*Check with your tax adviser for the details.
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