Economic Stimulas Bill extends section 179 in 2009

Section 179 expensing for capital expenditures
Certain businesses making limited amounts of investments can write-off the entire cost up to $250,000 of capital expenditures incurred in 2008. The Act extended the $250,000 amount for capital expenditures incurred in 2009.

The bonus depreciation provision allowing additional first-year depreciation of 50 percent of the cost of the asset was extended through 2009. We believe this provision will help many businesses, whether they are struggling to compete or trying to grow their operations. This provisions applies to middle market companies, large companies, and small businesses in a variety of industries.

Use the 2009 Section 179 Allowance Calculator to see how much you can save on new equipment purchases in 2009.

Cost of Equipment:

Section 179 Deduction:

50% Bonus Depreciation Deduction:
(On any remaining amount above $250,000)

Regular First Year Depreciation Deduction:

Total First Year Deduction:

Cash Savings on your Equipment Purchase:
(assuming a 35% tax bracket)

Lowered Cost of Equipment after Tax Savings:

The calculator presents a potential tax scenario based on typical assumptions that may not apply to your business. This page and calculator are not tax advice. The indicated tax treatment applies only to transactions deemed to reflect a purchase of the equipment or a capitalized lease purchase transaction. Please consult your tax advisor to determine the tax ramifications of acquiring equipment or software for your business.

Do the numbers look good to you?

They can look even better with the right mixing equipment. At Marion Mixers, we can custom-design a mixer that allows you to take advantage of the new 2009 limits in the Tax Code Section 179 and expense the equipment cost up to the amount allowed for 2009. The strength of Marion’s 70 years in business, the quality of our mixers and our uncompromising service has always been recognized in the processing industry.

Now we want to make it easier for you to purchase a Marion by showing you how the Section 179 tax laws will put quality on your shop floor and save you even more money. Please click 'submit' for more information.