Techno CNC Routers Deals Machines in Stock for 2016 Tax Credit

RONKONKOMA, N.Y. - Dec. 6, 2016 - PRLog -- • Section 179 Federal Income Tax Deduction: $500,000 First Year Write-Off
This deduction allows a company to deduct the first $500,000 of equipment (Section 179 Property) purchased in 2016 from their taxable income, and limits to the total amount of the equipment purchased ($2,000,000 in 2016). The deduction begins to phase out dollar-for-dollar after $2,000,000 is spent by a given business.
• 50 % Bonus Depreciation: New equipment only (is generally taken after the Section 179 Spending Cap is reached).
Businesses of all sizes will be able to depreciate 50 percent of the cost of equipment acquired and put in service during 2015, 2016 and 2017. Then bonus depreciation will phase down to 40 percent in 2018 and 30 percent in 2019.
• Most new and used equipment, as well as some software, qualify for the Section 179 Deduction
Always check with your accountant to confirm eligibility for tax benefits.

CNC Routers Starting at $23,000
CNC Plasmas Starting at $22,000
CNC Lasers Starting at $20,000

Click here for details and to calculate your savings: http://www.technocnc.com/cnc-router-tax-credit.htm