Act now! Take Advantage of Huge Tax Savings!
Section 179 Allows you to depreciate 100% of the cost of equipment in the year you acquire the equipment. This means if you purchase a 50k embroidery machine this year you can write off 50k (Up to $1,160,000). This amounts to 20% – 35% savings on the equipment your business needs. The best news of all is that you can finance 100% of the equipment, and not pay anything until next year.
Pay Nothing in 2023
179 Requires the equipment to be installed to take the deduction but does not require you to pay anything for it. You can finance 100% of the equipment, and start making payments next year.
20% - 35% Savings
If you have 50k of taxable income this year, and purchase 50k of equipment you are reducing your taxable income to Zero. Instead of paying 10k – $17,500 in taxes you will be paying $0.00. This is equivalent to a 20 – 35% savings (depending on your tax bracket).
Need to Act Quickly
With current inventory you will want to make sure you move fast so you can take advantage of the savings before it is too late.
Apply Now!
Qualify for up to 250k with our simple & secure one-page application. No obligation to move forward if the approved terms do not fit your needs. Programs available for existing businesses with strong credit to a new business with credit issues.
Dave Harding | National Account Manager | 330-308-5769 | dharding@dcafinancing.com
* Not all applicants will be approved, rates are subject to change without notice, and soft credit pulls for most customers.
**NOT intended as professional tax advice. For Tax advice please contact a CPA or other tax professional.
Provided by DCA Financing | 888-338-4585 | info@dcafinancing.com