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Woodworking Machinery & Industry News Blog: First Choice Industrial
Buying Woodworking Machinery: Year-End Tax Strategies

Year-End Tax Strategies For Buying Woodworking Machinery

Buying  woodworking machinery at the end of the year is a great way to combine the benefits of the unprecedented year-end close-out pricing from industrial woodworking machinery manufacturers and orderly liquidations of woodworking shops with the increased benefits introduced through the recently extended and improved Stimulus Act of 2008.

Section 179 Depreciation covers allowances of $250,000 for taxpayers with total capital investments of less than $800,000.

Additionally there is . . .

  • The First Year Bonus Depreciation deduction on any amount over $250,000 up to the $800,000 limit.
  • And the 2009 NOL (Net Operating Losses) for qualifying small businesses can now be carried back five years.

Consult your tax adviser, accountant, auditor, or other tax professional to determine your qualifications under the IRS depreciation regulation, and look to First Choice Industrial to help you locate the best buys in used woodworking machinery and equipment.

For a complete list of our current used machinery and equipment visit preownedwoodworkingmachinery.net

Today’s Used Woodworking Machinery Special

*SOLD*

SCM 43” Two Head Wide Belt Sander

Model# 7 RCS          Serial# AE/030757

230 Three Phase

Condition: Good Year: 2008

$26,000.00  *Sold*

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Posted in Great Tips For Building a Successful Woodworking Business, New Woodworking Machinery, SCM Woodworking Machines and Commercial Equipment, Used SCM Woodworking Machinery, Used Woodworking Machinery, Woodworking Machinery Dealer GA, FL, AL, TN, SC, NC . . . and Nationwide
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SCM 2009 Year-End Industrial Woodworking Machinery Closeout Sale

SCM Group 2009 Year-End Woodworking Machinery & Commercial Equipment
Warehouse Closeout Sale

Featuring deep price cuts on a full range of woodworking machinery including . . .

For more information on specific machines and price savings within each category listed call . . .

First Choice Industrial—SCM USA’s exclusive woodworking machinery sales and service dealer for a large part of the Southeastern United States  Call 678-642-9722 or email sales@firstchoiceind.net

and for great deals on used woodworking machinery, visit our online showroom at http://www.preownedwoodworkingmachinery.com/

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First Choice Industrial is a full service woodworking machinery dealer, serving customers in FL, GA, AL, TN, SC, NC and nationwide

Woodworking Machinery Sales and Service 145 Auburn Park Drive
Auburn, GA 30011
Phone: 678-642-9722 – Email: sales@firstchoiceind.net



Posted in CNC Woodworking Machinery, New Woodworking Machinery, SCM Woodworking Machines and Commercial Equipment
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