While you'd need to check with your accountant to see how you could use the Section 179 deduction to help your business, we'd love to help you take advantage of the tax break.
Buy equipment from Arlington Plastics Machinery before December 31st for it to be eligible for the incentive. Section 179 is a tax break given to businesses allowing for the deduction for the full purchase price of the equipment purchased against your gross income. Instead of depreciating the cost of the equipment over several years, you are allowed to write off the value of the purchased and installed equipment in the year acquired. This year the purchase limit is $2 million with a deduction cap of $500,000.
Right now we're not sure who the president will be or what our politicians will do next year; the amount available for deduction has been lower in the past. If you're considering a purchase of equipment, do it now. Help your company grow and make your accountants happy too.