Read on to learn how the American Recovery and Reinvestment Act can help your business - This Year!
Did you know……
You can depreciate 100% of your investment in
a Clean Burn waste oil furnace – this year!
The American Recovery and
Reinvestment Act extended the bonus
depreciation and increased the section 179 deduction. For many businesses,
these two provisions are only available this year and, as a result, they only
have a few months to take action and save on their taxes.
What qualifies?
The
section 179 deduction enables small businesses to deduct up to $250,000 of the
cost of computers, machinery and
equipment, oil and gas
storage tanks, vehicles, furniture and other qualifying property placed
in service during 2012.
Act Now!
Section 179 changes often, and has
even changed mid-year. Take advantage
of this great tax deduction now and get FREE HEAT with a Clean Burn waste oil
heater! Don’t wait until next
year. It could be too late…………………..
Section179.org,
qualifying property list
Whether you are making a decision to invest in your business, or you already purchased and installed your qualifying equipment in 2012, you may qualify for this deduction! Make sure to ask your accountant.
Posts
