TAX Laws and regulations CAN ASSIST When purchasing Used Bucket Trucks!
Pertains to Equipment Bought by Dec 31, 2010
COLONA, IL — October 15, 2010
I-80 Gear, a leading supplier of qualityused pail trucksandused digger derrickshas launched a national awareness campaign to encourage companies to take advantage of IRS Area 179 -
a provision of the Tax Code designed to motivate business investment in depreciable commercial equipment.
The plan focuses on bringing awareness to businesses by telling them the Section 179 Taxes Code can help them offset the investment they make for large equipment this year. The marketing campaign features a banner on theI-80 Gear Website and a paragraph covering Section 179 info in all of their current email campaigns.
To motivate small businesses to take advantage of the Section 179 reward depreciation, I-80 Equipment is offering free Nationwide Shipping and free airfare to the facility one-way. Additionally,
The United states Recovery and Reinvestment Act of 2010 has officially prolonged the Area 179 Deductionincreases made available in the Economic Stimulation Act associated with 2008 via December 31, 2010
A freeSection 179 Calculatorfor business owners to estimate their own savings upon capital equipment purchases made before December 31, 2010.
I-80 Equipment recommends that each company confer with their accounting firm to see how they can best enhance their devaluation write-off on used bucket truck purchases made in 2010.
It does not have to be brand new equipment!As long as it’s new to you, still it qualifies!
-There are lots of benefits that small businesses could possibly get from this taxes law,– said Erik Jones, President associated with I-80 Equipment. -We want to do our best in educating firms that this advantage is available to them and also provide significant rewards when they decide to take advantage of it.
