Don’t Miss Out On The Section 179 Tax Deduction
For Machinery Purchases Ending December 31, 2012
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of machines purchased or financed during the tax year. It’s an incentive created by the U.S. Government to encourage businesses to buy equipment and invest in themselves.In order to qualify for the Section 179 Deduction, the equipment must be purchased or leased and put into service by December 31, 2012.2012 Deduction Limit = $139,000 This is good on new and used equipment, as well as off-the-shelf software.
2012 Limit on equipment purchases = $560,000 This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced.
Bonus Depreciation = 50% This is taken after the $560k limit in capital equipment purchases is reached. Note: Bonus Depreciation is available for new equipment only. Bonus Depreciation can also be taken by businesses that will have net operating losses in 2012.
\The above is an overall, “simplified” view of the Section 179 Deduction for 2012. For more details on limits and qualifying equipment, as well as Section 179 Qualified Financing, visit the Section 179 website. The Section 179 website has a Section 179 Calculator and gives an examples of how much your company can save using Section 179.Here is an example of Section 179 at work:
Questions? We’ve Got Answers…877-250-1700
Are You Ready To Upgrade Your Technology And Your Productivity?
Innovate Technologies Can Help You Sell Your Outdated Machines!
Many machinery dealers will say that they offer you top dollar for your equipment. What that usually means is that they can offer you top WHOLESALE dollar to purchase your machine(s) for their resale inventory.We can help you get the maximum value with minimum effort on your part.Innovate can help you sell your machine one of three ways:
Exclusive Listing
Consignment
Outright Purchase
Whatever your choice, we can help you get the maximum value for the minimum effort. Once you determine your objectives (get the most money, free up space, or get wholesale value immediately), you can put our experience to work for you to achieve your goal
Exclusive Listing
We can get you the maximum return on your investment by running an exclusive listing on our website, our eBay store, and through bulk email to thousands of end-user manufacturing facilities throughout the midwest. This gives you the following advantages:You retain ownership of the machine(s) until sold:We advertise and market your machine to end users who are ready and willing to pay retail (fair market value); you do not pay anything up front for this service.Additionally, we market to other dealers who might have customers already looking for the machine(s), which they can have emailed or faxed to them as well.We offer potential customers the convenience of detailed photos and descriptions of the machine(s), which they can have emailed or faxed to them as well.Our established presence in the used machinery marketplace lets customers know that we have knowledge of the machines we are selling for you and that we are able to promptly and professionally handle all inquires about your machine(s).
Consignment
If you need to get the machine(s) out of your facilities as soon as possible, but do not want to settle for selling them to a dealer at wholesale cost, we can store your machine rent-free at our facility until it is sold. This gives you all of the advantages of an exclusive listing, with the exception of a higher commission to be deducted at the time of the sale. Although the return would not be as much as if we sell the machine(s) from out of our facility, you would be able to get more money at the time of sale than you could ever hope to get from a dealer buying at wholesale for resale stock.
Outright Purchase
If you need to generate income from your surplus machinery as soon as possible, we are always looking for quality machines to buy for our resale inventory. Our offers will be competitive.
Call for a free demonstration or consultation.Or visit us on the web: www.innovatetec.com
Headquarters:
Indiana Office:
Innovate Technologies, Inc. 761 N. 17th St., Unit #5 St. Charles, IL 60174 (630) 587-4220 – Tel (630) 587-4219 – Fax www.innovatetec.com
Innovate Technologies, Inc.
3830 Hanna Circle, Suite D Indianapolis, IN 46241 (630) 587-4220 – Tel (630) 587-4219 – Fax www.innovatetec.com
6 Days and counting… Need tickets? Give us a call: 877-250-1770
See All The New Innovations From Mitsubishi
We’re proud to be the exclusive dealer for Mitsubishi EDM and Waterjet in Illinois and Indiana.
We’ve helped hundreds of companies to improve their productivity with Mitsubishi equipment.
In fact, nearly a third of all EDM users choose systems from Mitsubishi.
Now is the time to give your team the tools they need to compete!
Mitsubishi wants to help you make it happen with Special IMTS Financing.
Give us a call today for the details! 877-250-1770
Here is the full line up of machines that will be on display at the show:
The Countdown Has Begun, Only 16 Days Until IMTS 2012…
See The New VMCs From Mitshubishi At IMTS
On display will be four of the new MC Milling Diamond Cut general purpose milling vertical machining centers.
Machines to be showcased include the drill/tap TV500 with pallet changer, the ultra-rigid DM series for die/mold applications, the heavy-duty boxway SV series for large parts, and the general purpose MCV series.
Rounding out the MC Milling line, the high-speed, high-precision Roku-Roku HC-658 with robot will be on display, demonstrating superior repeatability and positioning accuracy.
Aaron Wiegel, President of Wiegel Tool Works in Wood Dale, Illinois was kind enough to share his thoughts on Mitsubishi EDM equipment and what it has meant for his business.
Innovate Technologies, Inc. introduces the latest Waterjet Machines from Mitsubishi.
The MWX3 (3 axis cantilever design) and MWX4 (4 axis bridge style design) Waterjet Machines give you:
KMT 90,000 PSI Pump for unmatched cutting speed, throughput and productivity
Ball screw design providing industry best accuracy and repeatability
Fast Rapid Travel Speed – 787″ per minute
Includes Metamation true nesting software
Backed by Mitsubishi Service and Support – the most responsive in the industry
Call us for a FREE test cut, demonstration or consultation. Let us prove that Mitsubishi Waterjet Machines are the best available! We look forward to hearing from you.
Waterjet machines can cut a broad range of materials;
from metals to ceramics, rubber, plastics, glass and marble.
Cutting Accuracy as close as +/- .002″
No heat affected zones in the waterjet process
Little to no burr in most materials
Fast and easy to program
Easy to set up with little to no fixturing expense
The Mitsubishi MWX3
This exciting new product in our lineup of waterjet machines features the quality and accuracy you expect from Mitsubishi. The MWX3 is our first cantilever design machine in our product offering. The features and benefits of this new model include:
• Simple 3 Axis Cutting – utilizes a cantilever design mounted to a wide solid tubular frame • X-axis Rack and Pinion Drive – Provides a solid cost effective drive system for the long axis • Y axis 32mm Ball Screw Drive – Provides a lighter yet very accurate means of driving the cutting head • Auto Grease system – Provides lubrication to both linear ways and axes drive systems • Pump control – Completely incorporated into the CNC cabinet • Work Table Design – Slats are located by slots, but height is set by a solid indicated flat bar • NEW HMI allows for easier use of control graphics, functions, editing
Call for a free demonstration or consultation – or visit us on the web: www.innovatetec.com
