Mark
Moderator / Sponsor
Section 179 Tax BenefitsSection 179 allows you to deduct 100% of the purchase price of new equipment on your 2011 tax return.
Purchase or lease on or before December31, 2011
2011 Limit on equipment purchases - $2 Million Dollars (up from $800k previously).
For additional information see link below:
Consult with your accountant for how this can benefit your business.
Section 179 Tax Benefits
See the example below of savings on a $10,000 equipment purchase
http://hydrotek.us/_pdf/2011_Section_179_benefits.pdf