It’s almost the end of the year, but it’s not too late to qualify for significant tax savings. Hawthorne Cat will help you get high quality equipment at the best possible price.
San Diego, CA (PRWEB) October 17, 2016
Hawthorne Cat, the exclusive Cat® equipment dealer in San Diego, the Hawaiian Islands and the Pacific Region, announces new savings opportunities for 2016. The Protecting Americans from Tax Hikes Act (PATH Act) provides substantial tax advantages. Purchase a new or used Cat machine in 2016 to qualify. Eligible models include Backhoe Loaders, Skid Steer Loaders, Excavators, Compact Track Loaders, Wheel Loaders, Dozers, Compactors, and Motor Graders.
The Section 179 Tax Deduction has a limit of $500,000. Purchases in 2016 can be expensed up to that limit as long as the total falls under the $2 million spending cap. All new and used equipment put into service by December 31, 2016 is eligible for expensing. 50% bonus depreciation is also taken after the spending cap is reached. The bonus depreciation rate is available for new equipment only and extends through 2019.*
Sales Manager Ross Farmer says, “It’s almost the end of the year, but it’s not too late to qualify for significant tax savings. Hawthorne Cat will help you get high quality equipment at the best possible price.” Farmer continues, “Call us today and learn how much you can save when you purchase a new or used Cat machine before 2017.”
Visit the Hawthorne Cat website or call 800.437.4228 for complete details.
About Hawthorne Cat
Hawthorne Cat is the authorized dealer for Cat construction and power equipment in San Diego, Hawaii, Guam, Saipan and American Samoa. Hawthorne sells, rents, provides parts and service, training and emission solutions to various industries including general building construction, landscaping, marine, paving and power generation. For more on Hawthorne Cat, visit http://www.hawthornecat.com.
*Note: Hawthorne Cat does not provide tax, accounting, or legal advice. Always check with your accountant or tax attorney to verify your eligibility for any tax deductions. Visit http://www.section179.org for more details.