Portable Restroom Trailers, LLC Clients Impacted by New Section 179 Legislation

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Legislation estimated to provide 77 billion dollars in tax relief to small businesses over the next ten years

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Replacing older trailers with newer ones will help expand their service offerings, and the ability to expense up to $500,000 on such a purchase this year is huge.

Portable Restroom Trailers, LLC is using the last of 2015 to help educate clients on an important tax deduction that has changed the last several years in a row. On December 18, 2015, Congress passed two bills totaling more than 2,200 pages. Included in the legislation was a permanent $500,000 Section 179 expensing limit, as well as a bonus depreciation extension. President Obama signed both bills into law.

“This legislation is extremely important to our clients,” says Portable Restroom Trailers’ Operations Manager, Teri Pahon. “We want them to be knowledgeable on the tax incentives available to them as a small business owner so they can scale up and grow. Replacing older trailers with newer ones will help expand their service offerings, and the ability to expense up to $500,000 on such a purchase this year is huge. For the last few years, Congress has waited until the final hour to let us know if the expense limit would be increased. Knowing that it is $500,000 and it’s staying at that limit for some time should make this tax break more effective. We are excited to see our clients take advantage of it to grow.”

Section 179 includes a provision that enables small businesses to expense up to $500,000 of investments of heavy machinery or office equipment instead having to depreciate the cost over a number of years. This is important news for those purchasing portable restrooms and shower trailers, as these mobile sanitation solutions can cost well above the old cap of $25,000. In recent years, the $500,000 was extended on a year-by-year basis, but often not until mid-to-late December, leaving businesses scrambling to purchase in time.

Congress is hopeful that making the $500,000 limit permanent, and indexing it for inflation, will give businesses the push they need to make new investments and create more jobs. The provision is retroactive as of January 1, 2015 and is available to companies whether they pay cash or finance their purchase. Analysts estimate the new legislation will provide roughly $77 billion in tax relief over the next 10 years to small businesses using Section 179.

Another Section 179 incentive to buy new business equipment is a depreciation clause, available to businesses of all sizes. Extended through 2019, this provision will allow businesses to depreciate 50 percent of the cost of property acquired and put in service during 2015, 2016, and 2017. The final two years will see reduced percentages, with 40 percent in 2018 and 30 percent in 2019.

Portable Restroom Trailers, LLC is working hard to spread the word about Section 179. The company has developed email campaigns and other marketing materials to educate existing clients and potential clients on these tax incentives. Their national sales team has also been briefed on Section 179 details, allowing them to discuss it with clients in the research phase of the sales process. Explaining the benefits available to them upfront has been empowering for clients, and the company is referring them to an accountant or tax attorney for additional details when needed.

For more information about Portable Restroom Trailers, LLC and Section 179, please contact Portable Restroom Trailers’ Operations Manager, Teri Pahon at 877-600-8645 or Teri(at)PortableRestroomTrailers.com.

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About Portable Restroom Trailers, LLC:

Founded in 2007, Portable Restroom Trailers, LLC has offices nationwide. The company specializes in equipment and services related to portable restrooms. Offering the best in mobile bathroom solutions, Portable Restroom Trailers, LLC recently expanded from nationwide to international sales. A one-stop shop for portable restrooms of all shapes, sizes, designs, and functions, Portable Restroom Trailers, LLC is committed to exceptional customer service and the best restroom sanitation facilities available. The company carriers a variety of trailer lines to serve a wide range of price points, and they offer short term rentals, long term rentals, lease-to-own financing, and outright purchase of new or used trailers. Contact Portable Restroom Trailers, LLC today to secure the perfect portable restroom trailer for your event or location.

For more information, visit http://www.PortableRestroomTrailers.com.

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Teri Pahon
since: 06/2011
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