Senate Passes 2014 Tax Incentives – Act Fast

BREAKING NEWS

The US Senate passed H.R. 5771 (the Tax Extenders Bill) which extends the enhanced levels of Section 179 tax incentives ($500,000) through the end of 2014. Section 179 allows a taxpayer to immediately expense the entire cost of an investment (like equipment or software) in the year of purchase, instead of writing off the cost over the course of three to 15 years. The impact of the Senate vote means the maximum deduction a company can make under section 179 is increased from $25,000 to $500,000 but only for the balance of 2014.

The time to act is now. If you have not maxed out your benefits for 2014, there is still time. Our 179 Programs are designed to get your equipment and funding in place by December 31st. For more information, fill out an application or call us Toll Free: 888-724-5043

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