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Special Savings Until 2009
Click below for up to 25% savings on popular Schleuniger equipment. All machines come with a 1 year warranty and guaranteed quality. Quantities are limited on these discounted machines.
Save Even More with Deductions
The Economic Stimulus Act of 2008 has significantly increased your purchasing power when it comes to buying new equipment under Tax Code Section 179.
In fact, the deduction limits have almost doubled for 2008, and there is a new one-time bonus 50% depreciation once that limit is reached, making investing in your business this year a very attractive option.
How attractive?
Instead of explaining the process in tax terms we will give you a life example. Click on the dollar amount to see an example.
Contact Schleuniger at 603-668-8117 or sales@schleuniger.com for a tailored solution that suits your needs.
Leasing Options
You can lease Schleuniger equipment and still take advantage of the tax benefits of the new law. Click here to learn more about our financing options.
Examples
|
Purchase Price for New Equipment: |
$ 300,000 |
|
Deduction Under Section 179:
($250,000 is the maximum Section 179
write-off for 2008) |
$ 250,000 |
|
50% Bonus Depreciation:
(On remaining value: $300,000 - $250,000 =
$50,000; $50,000 x 50% = $25,000) |
$ 25,000 |
|
Normal First Year Depreciation:
(Depreciation calculated at 7 years MACRS =
14%; $25,000 x 14% = $3,500) |
$ 3,500 |
|
Total First Year Deduction:
($250,000 + $25,000 + $3,500 = $278,500) |
$ 278,500 |
|
Tax Savings Assuming Tax Rate of 35%:
($278,500 x .35 = $97,475) |
$ 97,475 |
|
First Year Net Cost after Tax Savings:
($300,000 - $97,475 = $202,525) |
$ 202,525 |
Based on the example above, a company can purchase $300,000 in new equipment at an effective cost of $202,525.
|
Purchase Price for New Equipment: |
$ 150,000 |
|
Deduction Under Section 179:
($250,000 is the maximum Section 179
write-off for 2008) |
$ 150,000 |
|
50% Bonus Depreciation: |
$ 0 |
|
Normal First Year Depreciation: |
$ 0 |
|
Total First Year Deduction: |
$ 150,000 |
|
Tax Savings Assuming Tax Rate of 35%:
($150,000 x .35 = $52,500) |
$ 52,500 |
|
First Year Net Cost after Tax Savings:
($150,000 - $52,500 = $97,500) |
$ 97,500 |
Based on the example above, a company can purchase $150,000 in new equipment at an effective cost of $97,500.
|
Purchase Price for New Equipment: |
$ 50,000 |
|
Deduction Under Section 179:
($250,000 is the maximum Section 179
write-off for 2008) |
$ 50,000 |
|
50% Bonus Depreciation: |
$ 0 |
|
Normal First Year Depreciation: |
$ 0 |
|
Total First Year Deduction: |
$ 50,000 |
|
Tax Savings Assuming Tax Rate of 35%:
($50,000 x .35 = $17,500) |
$ 17,500 |
|
First Year Net Cost after Tax Savings:
($50,000 - $17,500 = $32,500) |
$ 32,500 |
Based on the example above, a company can purchase $50,000 in new equipment at an effective cost of $32,500.
|
Purchase Price for New Equipment: |
$ 10,000 |
|
Deduction Under Section 179:
($250,000 is the maximum Section 179
write-off for 2008) |
$ 10,000 |
|
50% Bonus Depreciation: |
$ 0 |
|
Normal First Year Depreciation: |
$ 0 |
|
Total First Year Deduction: |
$ 10,000 |
|
Tax Savings Assuming Tax Rate of 35%:
($10,000 x .35 = $3,500) |
$ 3,500 |
|
First Year Net Cost after Tax Savings:
($10,000 - $3,500 = $6,500) |
$ 6,500 |
Based on the example above, a company can purchase $10,000 in new equipment at an effective cost of $6,500.
**Schleuniger Inc. does not provide legal, tax or accounting advice. Each company should consult their tax advisor to determine the specific benefits they may receive when purchasing new equipment under the United States Economic Stimulus Act of 2008. |