Stephen M. Williams
 >Economic Stimulus
News from www.section179.org - Tax Incentives for 2009
By choosing DUMAC Business Systems and XPIENT to provide you with new Point of Sale Systems, you may be eligible to take advantage of Internal Revenue Code Section 179 for the current tax year.
This is very simple: You buy or lease qualifying equipment, and then take a full tax deduction on it this year.Last year section 179 got a major facelift from the Economic Stimulus Act of 2008.
The deduction limits were raised to $250,000 (almost double of previous years), and a "bonus" first year depreciation of 50% was allowed on purchases that exceeded the limit in 2009, these new higher limits were kept.
These changes are significant and will be a definite boost as you navigate 2009’s economic climate.
Ask us about the easy to use, Web Based, Section 179 Calculator!
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