For 2013, Congress has more than doubled the tax benefits of the prior year for purchasing capital equipment.
The American Taxpayer Relief Act of 2013 offers very generous tax benefits for the current year -- to encourage your investment in your own operations, including:
Depending upon your federal tax rate, monthly payments made on your 2013 capital equipment purchases will be MUCH LESS cash out, than the federal taxes you may otherwise expect to pay from your 2013 operations. For investing in your own company -- the 2013 financing costs could be entirely covered by your 2013 tax savings – with cash left over for you. Use our deduction calculator below to get an idea of how much money you can save by purchasing that new OMAX machine.