
Your Source For
"Turn Key Press Room & Machine Tool Solutions"
Reconditioning • New Controls • Dismantling • Loading
Freight • Export Packaging • Re-Installation in Your
Facility

OBI• GAP • Straight Side Double
Crank • SSDC • Straight Side Single Crank • SSSC
High Speed •
Hydraulic • Knuckle Joint • Double Action • Cut Off
Feeding &
Coil Handling Equipment • Fabricating & Steel Processing • Roll
Forming
CNC • Tool Room

Don’t Depreciate, Expense It!
2008 Economic Stimulus Act
Provides Tax Benefits for Equipment Purchases
Temporary Enhanced
Small Business Expensing:
In order to help small businesses quickly
recover the cost of certain capital expenses,
small business taxpayers may elect to write-off the cost of these
expenses in
the year of acquisition in lieu of recovering these costs over time
through depreciation.
Until the end of 2010, small business taxpayers are allowed to
write-off up to $125,000
(indexed for inflation) of capital expenditures subject to a
phase-out once capital expenditures
exceed $500,000 (indexed for inflation). The package would double
the amount that small
business taxpayers may write-off to $250,000 for capital
expenditures incurred in
2008 and would increase the phase-out threshold to $800,000 in 2008.
Details



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CONTACT US
Universal Press & Machinery, Inc.
22778 Macomb Industrial Drive
Clinton Township, MI 48036
Phone: (586) 569-0150 * Fax: (586) 569-0103 * Email:
sales@universalpress.com