Section 179 for 2011 offers a deduction limit of up to $500,000, which is twice the limit stated last year, for both good and used equipment such as packing tapes, taping machines, and case sealers.
Rancho Cucamonga, CA (PRWEB) December 06, 2011
As the year is about to end, small businesses can take advantage of the Section 179 Special from BestPack.com, wherein the full purchase price can be deducted from both new and used taping machines and other packaging equipment bought during the tax year. Section 179 for 2011 offers a deduction limit of up to $500,000, which is twice the limit stated last year, for both good and used equipment such as packing tapes, taping machines, and case sealers.
Section 179 of the IRS Tax Code helps small businesses save on capital equipment and vehicles by allowing the full purchase price of to be deducted during the tax year. Whether the equipment or vehicle was purchased or leased, small businesses can deduct the full purchase from the gross income. According to Section179.org, this move was initiated by the United States Government so businesses, big and small, will be encouraged to purchase equipment and invest in themselves.
Small businesses qualify for this incentive, as well as other companies who have purchased less than $2 million in new or used equipment during 2011. This is perfect for all BestPack.com clients who have purchased packaging equipment such as carton sealers, taping machines, and packing tapes as they are qualified up to half a million dollars worth of write-off in capital equipment. Deadline of the Section 179 Special expires on December 31st, 2011.
Because BestPack.com’s primary goal is to help companies save on packaging equipment, the California-based packaging solutions provider consistently finds ways for small businesses to reduce costs on packing tapes, taping machines, carton sealers, and more. Clients can also opt for custom-built packaging machinery and equipment to meet the specific needs of the industry they belong to.
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Based in Rancho Cucamonga, CA, BestPack.com is the industry leader in packaging equipment machinery, case sealers, carton erectors and packaging tape. BestPack.com is one of the most reputable manufacturers of all product packaging systems, providing customized packaging solutions for various industries. This press release is produced by Cybertegic.com - an Internet marketing services agency that specializes in search engine optimized press release marketing (SEO marketing).