Depreciation and Section 179 Expense
2009 Changes Increase Section 179 Allowance Limits
2009 Law Renews Section 179 Allowance Limits
The 2009 Tax Stimulus Legislation contains valuable provisions for investment in capital equipment purchased and received by December 31, 2009.
- Expensing provision of up to $250,000 for a business placing less than $800,000 of equipment into service this year.
- 50% Bonus Depreciation write off of the balance.
Check the official government announcement:
Extension of the Section 179 Deduction for 2009
CPA verifies that Section 179 Tax benefits apply to equipment which is financed through a lease contract. Read all the details as stated by Jim Ketter, CPA, of Miller Haviland & Ketter.
Clune offers the experience and financial strength to take advantage of this opportunity now.
- Utilize the Tax Advantage with a Lease
- Tax Benefits without paying cash
- Preserve Your Capital and Line Of Credit
- Certified Lease Professionals at Clune
- Easy Application Process; No Hidden Charges