(The reader should also note that the Sec.
#SPACIE LINEBURG CODE#
Recall that Sec 179 is the part of the tax code that allows the tax payer to expense capital purchases in the year acquired as opposed to having to depreciate them over their useful lives. The first relates to enhanced Section 179 benefits as per the Small Business Jobs Act that increased expensing levels to $500. Small Business Jobs Act - Increased expensing levels to $500,000 So what is the source of this generous tax subsidy? There are two tax acts that are of particular interest. Note: You should always consult your tax adviser to ensure applicability with your own tax position, and the 40 percent benefit estimate noted is based on combined Federal and State tax rates. So what exactly does this mean to a customer purchasing a kiosk solution? The answer is the likelihood of very significant tax benefit that would in effect subsidize up to 40 percent of your purchase and contribute powerfully to your return on investment (ROI). government has enacted some very attractive businesses tax incentives to encourage capital investment. Although I usually use this spot to share my industry insights, I've invited Don Lineburg, CFO and vice president of Operations, to discuss a business incentive that may help retailers looking to deploy kiosks this year.Īs domestic and international economies continue to struggle to pull themselves out of one the worst recessions in our history, the U.S.