© Copyright Hillary Machinery Inc 2017
Made with Xara
Call us at (866) 994-8499
FINANCING, LEASES, SHORT-TERM, LONG TERM, PAYMENT SKIPS, $0 DOWN & LOW
RATE PROMOTIONS, NO-INTEREST PROMOTIONS TO QUALIFIED BUYERS
Hillary Machinery
World Class CNC Solutions Since 1984
CNC Machine Tool Financing
Having Trouble Getting Financing?
Contact Rick Wilson
rwilson@xmifinancial.com
615.250.7791
Section 179 increased to a $1,000,000 write-off for 2018
Bonus depreciation increased to 100% retroactive to
9/27/2017 and good through 2022
Section 179 Federal Tax Deduction increased to $1,000,000
Section 179 Federal Income Tax Deduction: This deduction
allows a company to deduct the first $1,000,000 of equipment
(Section 179 Property) acquired in 2018 from their taxable in
come. For companies acquiring up to $2,500,000 of
equipment, this deduction is available in full. It then phases out
on a dollar-for-dollar basis for amount s over $2,500,000.
Financing or leasing with a $1 buyout qualify.
100% Bonus Depreciation
In addition to the $1,000,000 write-off, companies can take
100% bonus depreciation on the adjusted basis of their qualified
equipment acquired in 2018. This bonus depreciation is
retroactive to Sept. 27, 2017 and good through 2022. Financing
or leasing with a $1 buyout qualify.
Standard Depreciation
In addition to the $1,000,000 write-off and bonus depreciation,
companies may be eligible to deduct federal depreciation on the
adjusted basis of their qualified equipment, state depreciation,
local tax incentives and interest expenses. Financing or leasing
with a $1 buyout qualify.
Tax laws are subject to change at any time and their application
is highly dependent upon the unique facts and circumstances of
any particular taxpayer. The information on this page is offered
as general guidance and is not intended as specific legal, tax, or
accounting advice.
.
© Copyright Hillary Machinery Inc 2017
Made with Xara
Call us at (866) 994-8499
FINANCING, LEASES, SHORT-TERM, LONG TERM,
PAYMENT SKIPS, $0 DOWN & LOW RATE
PROMOTIONS, NO-INTEREST PROMOTIONS TO
QUALIFIED BUYERS
Hillary Machinery
World Class CNC Solutions Since 1984
CNC Machine Tool Financing
Having Trouble Getting Financing?
Contact Rick Wilson
rwilson@xmifinancial.com
615.250.7791
Section
179
increased
to
a
$1,000,000 write-off for 2018
Bonus
depreciation
increased
to
100%
retroactive
to
9/27/2017
and good through 2022
Section
179
Federal
Tax
Deduction
increased to $1,000,000
Section
179
Federal
Income
Tax
Deduction:
This
deduction
allows
a
company
to
deduct
the
first
$1,000,000
of
equipment
(Section
179
Property)
acquired
in
2018
from
their
taxable
in
come.
For
companies
acquiring
up
to
$2,500,000
of
equipment,
this
deduction
is
available
in
full.
It
the
n
phases
out
on
a
dollar-for-dollar
basis
for
amounts
over
$2,500,000.
Financing
or leasing with a $1 buyout qualify.
100% Bonus Depreciation
In
addition
to
the
$1,000,000
write-off,
companies
can
take
100%
bonus
depreciation
on
the
adjusted
basis
of
their
qualified
equipment
acquired
in
2018.
This
bonus
depreciation
is
retroactive
to
Sept.
27,
2017
and
good
through
2022.
Financing
or
leasing
with
a $1 buyout qualify.
Standard Depreciation
In
addition
to
the
$1,000,000
write-off
and
bonus
depreciation,
companies
may
be
eligible
to
deduct
federal
depreciation
on
the
adjusted
basis
of
their
qualified
equipment,
state
depreciation,
local
tax
incentives
and
interest
expenses.
Financing
or
leasing
with a $1 buyout qualify.
Tax
laws
are
subject
to
change
at
any
time
and
their
application
is
highly
dependent
upon
the
unique
facts
and
circumstances
of
any
particular
taxpayer.
The
information
on
this
page
is
offered
as
general
guidance
and
is
not
intended
as
specific
legal,
tax,
or
accounting advice.
.
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