The 179 Federal Income Tax Deduction has the potential to save you thousands while creating opportunities for expansion and savings. File for this deduction and benefit from your robot purchase.
$500,000 Tax Write-Off:
IRS has changed the tax deduction to $500,000 from your taxable income of new or used equipment purchased in 2016. This means you can write off up to $500,000 in equipment purchased OR leased before 12/31/2016!
This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar for dollar basis. This spending cap makes Section 179 a true "small business tax incentive".
Contact a RobotWorx sales associate at 740-251-4312 for more information.