Last Chance for Section 179
Dec21

Last Chance for Section 179

As a business owner, there are some tax beneifts you can get when you make capital purchases. One of those is Section 179 of the US Tax Code. Print shops can take advantage of Section 179 for their capital purchases. So how does it work? As defined in Wikipedia: “Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179), allows a taxpayer to elect to deduct the cost of certain types of property on their income...

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IRS Tax Code: Section 179 – 2016
Sep14

IRS Tax Code: Section 179 – 2016

Purchasing Print Finish Equipment? 2016 is the year to do it. So, the US Government gives business tax incentives to spend money. Section 179 has been generous in the past, but not necessarily in 2015. Section 179 for 2016 is generous offering companies a tax break on capital purchases up to $500,000. That’s a pretty good deal. So, how does it work? Well, if you have been considering purchasing a new wide format laminator, a UV...

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REPOST: 2015 Section 179 Reminder
Nov30

REPOST: 2015 Section 179 Reminder

FRIENDLY REMINDER THAT IF YOU ARE CONSIDERING MAKING A MAJOR PURCHASE THIS YEAR, YOU CAN TAKE ADVANTAGE OF SECTION 179 OF THE TAX CODE. While Reagan made fun of Government helping people, there are some tax benefits that indeed help small business with purchases for their business. Section 179 is a tax deduction that can be taken on capital purchases. For the 2015 tax year, the Deduction limit is $25,000. So, if you were considering...

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Section 179 Reminder for 2015
Oct21

Section 179 Reminder for 2015

Section 179 Season There are some things the Government does to help businesses. Section 179 is a tax deduction that can be taken on capital purchases. For the 2015 tax year, the Deduction limit is $25,000. So, if you were considering purchasing a UV coating machine, a hydraulic paper cutter or wide format laminator, Section 179 can help you reduce your purchase cost with a tax credit. This tax rule allows qualified section 179...

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