2011 Section 179 Tax Incentive Calculator
Here is a direct link to the newest version of the 2011 Tax Incentive Calculator from Tech Financial. (Excel Spreadsheet)
Section 179 of the American Recovery and Reinvestment Act for 2011, will now allow a business to expense up to $500,000 of qualified property (new or used) until purchases exceed $2,000,000, above which Section 179 deduction is reduced dollar for dollar up to $2.5M, where it is totally phased out. For 2012, the expensing limit is reduced to $125,000 with an investment ceiling of $500,000.
2011 Bonus Depreciation: 100% bonus depreciation is valid for qualified, new equipment, acquired and placed in service after Sept. 8, 2010 and before Jan. 1, 2012. The original equipment use must begin with the taxpayer.
Here is a direct link to the newest version of the 2011 Tax Incentive Calculator from Tech Financial. (Excel Spreadsheet)
