The American Recovery and Reinvestment / Small Business Job Act was renewed for 2010 with big advantages: it can dramatically increase depreciation, immediate expensing — or both — on any capital value of equipment acquired for your business this year.
We can help you solve not only your color and digital technology needs, but can also bring you flexible payment options that can meet your cash flow requirements.
These factors may be just one more incentive toward the value and timing of a Xerox solution for your company. We can help your business, whether expanding a large organization, or the growth you need for your small business.
There are two key provisions in the federal business tax code that are available to expense capital investments under this expanded federal package:
- Significantly increases Section 179 expensing;
- 50% bonus + normal depreciation.
We offer compelling payment plans and options that can give you access to these benefits and leading-edge solutions — to align your expense outlay with your business model.
In this day and age, it is critical that your business has the technology resources required to stay competitive. The accelerated depreciation tax incentives are only available for solutions implemented by the end of 2010: a short term window that in the long run can help us to help you make your business stronger.
EXAMPLE of Section 179 Expensing:
$10,000 Capital Expense
-3,500 Tax Cash Savings 2010 (at 35% rate)
$ 6,500 Net Lower Cost w/Tax Savings
Don’t have money available for capital purchases? We have Fixed Purchase Option financing available (Lease to Own) that qualifies for the Section 179 deduction. You have $0 down and then monthly payments until you own the machine PLUS you can take the full value of the Xerox equipment as a deduction in 2010.NOTE: These are only guidelines and any calculations are for illustrative purposes only. You should consult your own tax and financial advisors to review and assess the factors that may apply to your business and tax situation.