| Cost of Equipment: | $ | |
|
|
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| Section 179 Deduction: | $ | |
| Additonal 1st Year Bonus Depreciation: | $ | |
| Standard First Year Depreciation: | $ | |
| Total First Year Deduction: | $ | |
| Cash Savings on your Equipment Purchase: (assuming a 35% tax bracket) |
$ | |
| These calculations are only estimates. Always check with your accountant to confirm eligibility for tax benefits. | ||
This form will allow you to see how the 2008 Tax Incentives will affect a new equipment purchase.
Simply fill in the cost of the equipment in the box below, and click calculate. You will see how the new 2008 tax Incentives will literally pay for a substantial amount of your new equipment purchase.