Depreciation and Section 179 Expense
2008 Changes Increase Section 179 Allowance Limits
New Revisions Implemented March, 2008
A business placing less than $800,000 of equipment into service this year would be able to immediately deduct up to $250,000 – up from $128,000.
Check the official government announcement:
Fact Sheet: Bipartisan Growth Package Will Help Protect Our Nation's Economic Health
CPA verifies that Section 179 Tax benefits, due to expire 12/31/08, 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