Depreciation and Section 179 Expense

Clune employees at their computers

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.