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Factoid |
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National Machine Tool Financial Corporation
has financed over $500,021,357 in Machine tool business since
1986. |
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"You Could Get Up To A 70% Deduction On Your
Machine Tool, CNC Machine, Vertical Machining Center, and Other
Manufacturing Equipment. Here's How!:"
Time Is About To Expire For You To Be Able To Take Advantage Of This Loophole
For 2008!
Dear Friend,
The I.R.S. has this loophole called
"IRS Section 179".. and it can save you literally thousands of
dollars AND give you the tools to put TENS OF THOUSANDS more in
YOUR pocket.
Let Me Explain...
Business owners
who acquire equipment for their business: machinery, computers,
and other tangible goods, usually prefer to deduct the cost in a
single tax year, rather than a little at a time of a number of
years. This deduction is known by it's section in the tax
code, a Section 179 deduction.
The New Economic Stimulus Plan of 2008 increases
the business write off amount for 2008. The qualifying
equipment is: Tangible property with a recovery period of 20
years or less and computer software purchased by the business.
Now Let Me
Illustrate...
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Equipment Cost |
$300,000 |
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First Year
Write Off
($250,000 is maximum write off) |
$250,000 |
| 50% Bonus Depreciation (New
08 Economic Stimulus) |
$25,000 |
| Regular First Year
Depreciation Deduction |
$3,572.50 |
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Total 1st
Year Deduction |
$278,572.50 |
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Tax Savings
@ 35% Rate |
$97,500.38 |
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1st Year Bottom Line Cost |
$202,499.63 |
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To get your own IRS Section
179 Tax Calculator
Click Here
or please fill out the information below!
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Any tax-related information
provided by National Machine Tool Financial is not intended
as and should not be construed as legal, tax, or investment
advice. You should always consult your tax advisor to help
answer specific questions regarding how tax laws apply to
you and/or your business. The tax summary we have provided
is necessarily incomplete, and the tax laws and regulations
are subject to change. Therefore, National Machine Tool
Financial does not guarantee and is not liable for the
accuracy or completeness of any tax information provided, or
any results or outcome as a result of the use of this
information. Please review these resources for additional
information about tax regulations:
www.irs.gov |
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