Connections
How You Can Save 35k on a Legend 72 UV Curable Printer
Given the current economic climate, you might not be thinking about making major equipment purchases. But, with the clock running out on the Economic Stimulus Act of 2008, it’s an incredible time to buy and an almost impossible savings opportunity to pass up.
In Plain English
Basically, businesses buying new equipment can take an immediate write-off of up to $250,000 – that’s double the amount that was allowed in 2007.
If you put that equipment into service this year, then you’re entitled to an additional 50% depreciation on the remainder. Those write-offs and tax savings can mean major cash flow advantages and huge cost cuts.
The Numbers
Let’s do the numbers then – you want to buy a Legend 72 UV Curable Printer, the best and first heavy-duty, industrial-grade UV-curable printer available for under $80,000. For an individual or small business in the average 33% tax bracket, that means a total tax cash credit of Read more