No other manufacturers’ representative invests in your company like Keystone Sales & Associates (KSA). Our value-added training programs are designed by top-level industry pros to enhance your team’s knowledge of industry trends, best practices, and new products. Best of all, they are free!
No other manufacturers’ representative invests in your company like Keystone Sales & Associates (KSA).
For the 2016 tax year, the Section 179 Tax Deduction Limit has been raised back to $500,000, the increased level in effect in 2013 and is not reduced until the cost of section 179 property placed in service exceeds $2 Million.
Understanding The Section 179 Deduction. Click this link to see how Section 179 can benefit your business in 2016.
What you should know:
When applying these provisions, Section 179 is generally taken first, followed by Bonus Depreciation – unless the business has no taxable profit in the given tax year.
Original Equipment Cost: $500,000
2016 Potential Tax Savings: $175,000
Final Equipment Cost: $325,000
Cash Savings on Equipment Purchase: $175,000