Don't Miss Out on Big Savings!

Bonus 1st year depreciation revised to 100% on qualifying new equipment purchases starting retroactively from Sept 9, 2010 to Dec 31, 2011!

Download - Elliott Equipment U.S. Tax Incentives Review

If you plan on purchasing truck-mounted cranes or aerial work platforms in 2011, this is a MUST read for BIG savings.

Highlights

1) The Section 179 Deduction on qualifying new and used equipment purchases remains at $500,000 in 2010 and 2011.  For 2012, the Section 179 Deduction on qualifying new and used equipment purchases is only $125,000.

2) New First-Year 100% Bonus Depreciation on qualifying new equipment purchases is retroactive from Sept 9, 2011 to Dec 31, 2011.  First year 50% bonus depreciation will apply for qualifying new equipment purchases in 2012.

So what does this mean?

It means that if you're a dealership or a business owner interested in buying an Elliott, 2011 is the year to buy!  If $500,000 in equipment is purchased this year, buyers will receive a potential tax savings of $175,000!

Contact your tax or accounting professional for additional details.