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Maximize Your Company’s Purchase Power

Tue, 08/30/2011 - 12:05 — richard.robinett

 Maximize Your Company’s Purchase Power – Take Advantage of the HUGE Tax Deduction Limit Increase for Business Equipment!

 

  • 2011 Deduction Limit - $500,000 (formerly $250k). Applies to new and used equipment, including new software.
  • 2011 Limit on Equipment Purchases - $2 Million Dollars (formerly $800k).
  • “Bonus” Depreciation - 100% (taken after the $500k deduction limit is reached) on new equipment; including by businesses that exceed $2 million in capital equipment purchases.
To qualify, equipment must be purchased and put into use between January 1, 2011 and December 31, 2011. Don’t miss out on this opportunity to maximize your purchase power!

 

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