TAX INCENTIVES AVAILABLE WHEN YOU PURCHASE EQUIPMENT IN 2012!

MFS will show you below how investing in equipment NOW can  still pay off in BIG Tax Savings for Fiscal Year 2012:

Two important tax laws offer significant tax advantages when acquiring capital equipment as outlined below:

1) Essentially, Section 179 of the IRS tax code allows businesses to deduct up to the full purchase price of qualifying equipment purchased or financed during the tax year.  That means that if you buy (or lease) a piece of qualifying equipment, you may be able to deduct all of the PURCHASE PRICE from your gross income (up to $139,000) . It's an incentive created by the US Government to encourage businesses to buy equipment and invest in themselves.

For the 2012 tax year, Section 179 allows businesses that spend less than $560,000 a year on qualified equipment to write off up to $139,000 in 2012 (new or used).

2) Bonus Depreciation in 2012 is 50%. This can be taken on new equipment only.
 

You should consult your tax advisor to confirm eligibility for tax benefits and specific tax consequences to you. Bonus Depreciation is not available on used equipment.

Circular 230 Disclaimer: Nothing included in this website is intended to be used, and cannot be used (i) for the purpose of avoiding penalties that may be imposed on a taxpayer under the Internal Revenue Code of 1986, as amended, or (ii) in promoting, marketing or recommending a partnership or other entity, investment plan or arrangement.

If a company exceeds its depreciation limit for the year due to the Alternative Minimum Tax, MFS can also offer a number of financial products to minimize a company’s tax liability beyond Section 179, Bonus and Standard Depreciation.

Manufacturers Financing Services would be happy to finance your equipment purchases
and answer any questions relating to this tax law. Please feel free to contact us with any questions.

Contact your MFS Experts at (877) 949-4771, ext. 2516 or 2537