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2013 Eco-Stimulus Tax Savings Estimator

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:

The Section 179 deduction for all capital equipment purchases -- now increased to $500,000 for the first $2,000,000 of expenditures for capital equipment;
Then with Bonus Depreciation, you can deduct another 50% of any remaining capital equipment not otherwise deducted under Section 179.

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.

Previous 2013 Capital Equipment Purchases:	$
OMAX JetMachining Center - Capital Asset Value:	$
Length of Lease/Financing:	months
Learn more about low 4.95% Financing on your OMAX WaterjetInterest Rate:	%

Special Sec. 179 Deduction - 2013*: (maximum deduction available is $500,000 for ALL capital asset purchases)	calculate
2013 Permitted Bonus Depreciation - 50%:	calculate
Normal Depreciation: (5yr. Property/Half Life Conv - 1st Yr)	calculate

Estimated Payment**:	calculate
Federal Corporate Taxes Saved @ % ***:	calculate
Number of Monthly Payments Funded Thru First Year Tax Savings	calculate

*: Maximum Sec. 179 deduction available in 2013= $500,000 for ALL capital asset purchases, including 2013 capital asset purchases made prior to OMAX/MAXIEM waterjet. Section 179 deduction subject to recapture $1 for $1 for total capital asset purchases greater than $2,000,000.
**: Payment is calculated at 5.99% for the length of the lease noted. OMAX finance sources offer lease financing typical up to 84 months; two payments down. Actual term, payments and rate may vary, depending upon conditions of individual credit approval (OAC).
***: Tax benefits are estimated and may be different for your specific tax situation. OMAX Corporation urges you to consult your own tax advisor.