2008 Tax Benefits for New Equipment

The United States Government amended the tax laws to promote business growth and provide tax relief to businesses. On February 13, President Bush signed the Economic Stimulus Act (ESA) of 2008.

The ESA almost doubles the maximum Section 179 deduction (IRS Code), to $250,000—up from $125,000 before the new law. Section 179 is a tax strategy that should be used to help your business keep more capital..

Please contact us to discuss a custom purchase/lease finance program and start taking advantage of the 2008 tax benefits available today.

Company executives, tax and/or business advisors wanting to lease equipment should consult with our professional financial partner to discuss specific issues.