Considering purchasing robots, workcells, or other robotic equipment soon? Why not make this capital investment now, before the end of the year. This way you can take advantage of Section 179 tax incentives.
Expanded Section 179
The Small Business Jobs Act passed in September doubled the previous deduction limits. Now companies can spend up to $2M and deduct as much as $500,000 from their tax return. To be eligible to deduct these expenses from your 2010 tax return, your business must purchase (or finance) a robot before the end of the year. Don't delay! December 31st is fast approaching.
Not sure you can buy and install your robots that fast? RobotWorx is here to help with short lead times and loads of support. We'll find the right robot solution for your needs and make sure you meet your December 31st purchase and installation deadline.
Call RobotWorx today -- 740-251-4312. Visit www.irs.gov for more details about Section 179.