Did You Know This About Section 179?

The Section 179 Depreciation expense is a very effective method for businesses to acquire equipment at a significantly lower acquisition cost.  Below is an example of how the expense affects the purchase price of a new Finn BB-5 Bark Blower:
                Equipment Price:                      $95,000.00
                Eligible Depreciation:                $95,000.00
                Tax Savings (35% Bracket):            $33,250.00
                Adjusted Equipment Price:           $61,750.00
The expense is a tax expense only.  The 100% deduction would not be reflected on your financial reporting, so there is no impact on valuation!!