In September, the Small Business Jobs & Credit Act was signed into law, which gives small business owners major tax benefits and improved access to capital through end-of-year 2011. This legislation can make the equipment you need very affordable.

As you know, business asset purchases normally must be depreciated over a period of time. The tax code now allows a business to elect to expense (immediately write-off) the purchase up to $500,000, which yields an immediate tax deduction and large tax savings.

Here’s an example of how a $125,000 purchase breaks down…

Section 179 Write-Off Amount: $125,000
Cash Savings on Purchase: $43,750
(Assuming a 35% Tax Bracket)
Net Cost of Equipment: $81,250

Check with your Accountant on how this tax break affects your business. Then contact Tel-One for help in taking advantage of this opportunity for your business: sales@tel-one,com or (800) 249.1989.