• 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Section 179 - Year end tax ADVANTAGE - Ends December 31st
#1
The government has just issued an extension on Section 179. What does that mean to those of us in small businesses? We can purchase up to $500,000 of equipment prior to December 31st and write it all off on this year's taxes, rather than depreciating it like you'd normally have to do. That could possibly have a big effect on this year's taxes! (Of course it would be wise to check with your tax professional to see how this might directly benefit your company's 2014 accounting)

Here is a news article that outlines a handful of year end tax strategies, including the recent news about Section 179.
http://www.forbes.com/sites/robertwood/2...-year-end/

So how will you spend your 500 grand?  Who wants to be the first one to order 200 Cimex machines?  You have 13 more days.  Blush
  Reply
#2
P.S. In honor of this, we are keeping our Cimex package special running for a limited time. Click here for details.
http://www.excellent-supply.com/Cimex-CR...p_106.html
  Reply




Users browsing this thread: 1 Guest(s)