Will Section 179 Tax incentives be further revised for 2010?
| February 19, 2010In President Obama’s recent State of the Union address, he mentioned doing more to help manufacturing industry investment. However, at this time there are no announced changes to the 2010 Section 179 Tax Incentive. The terms of the incentive that are published on our website have not changed.
To help determine the amount of the deduction customer’s are eligible for under the 2010 incentives, we made a custom-designed Interactive 2010 Tax Incentive Calculator to determine the incentive a proposed lease will be eligible for. It is an Excel worksheet that will let you input numbers and see the result of the calculation using the data from the new version of the Section 179 code changes for 2010.
Use our 2010 Section 179 Tax Incentive Calculator here!
In addition to the calculator we posted a story about the Section 179 changes for 2010 and how they will affect your business. Currently, the laws for 2011 will be less favorable for equipment financing than the current 2010 versions so it looks like a good time to consider new equipment.
Read the story about Section 179 Tax Incentive Changes for 2010 here.
We also have an online lease calculator. Click here to calculate new lease terms.
