Take advantage of 2010 tax savings
and acquire your equipment now!
Under the new
Small Business Jobs and Credit Act of 2010 (HR 5297; Tax Code Section 179),
businesses that spend up to $2,000,000 a year on qualified equipment
acquisitions can write off up to $500,000 in 2010 in addition to continuing
the
50% Bonus
Depreciation benefits!!
|
Equipment
Cost Example: $650,000 |
First Year Write Off:
($500,000 is maximum Section
179 write-off)
|
$500,000 |
|
Bonus First Year
Depreciation:
(On remaining value: $650k - $500k
= $150k x 50% = $75k)
|
$75,000 |
|
Normal First Year Depreciation:
(20% depreciation in each of 5 yrs:
$75k x 20% = $15k)
|
$15,000 |
Total First Year Deduction:
($500k + $75k + $15k = $590k)
|
$590,000 |
|
Tax
Savings:
(Assumes 35% Rate: $590k x 35% =
$206.5k)
|
$206,500 |
Adjusted Net Equipment Cost:
($650k - $206.5k = $443.5k)
|
$443,500
|
|
*Contact your
tax advisor about the specific impact on your company |
The sample shows how taking advantage of the IRS Tax
Benefits can significantly lower the true cost of equipment
acquisition from
$650,000 to $443,500.
Time is running out!
Contact us today to find out how you can take advantage
of these HUGE tax Savings!
 |
Larry Turner
Pacifica Capital
310 S. Twin Oaks Valley Rd., Suite 107
San Marcos, CA 92078
760.599.4757 Tel.
760.295.2499 Fax
www.pacifica-capital.com
larryt@pacifica-capital.com | | | |
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