St. Paul, MN (November 1, 2019) —— With only eight weeks remaining in 2019, now is the time to purchase Matsuura’s Machine Tools to take advantage of this year’s Tax Incentives. Matsuura Machinery USA, Inc. encourages customers to purchase now to benefit from the Section 179 and Bonus Depreciation Exceptions.
Matsuura Machinery USA, Inc. has many machines available to ship by year-end. Please contact your exclusive Matsuura USA Distributor or [email protected] to learn more.
Section 179 allows eligible businesses to deduct the full purchase price of qualifying equipment in the year it was put into service. This creates a larger initial expense deduction than using a standard depreciation method, thus reducing the tax burden for the company.
Section 179 Limits Include:
Maximum amount that can be deducted is $1,000,000
Maximum amount of equipment that can be purchased (and take the full deduction) is $2,500,000
Equipment must be placed into service no later than December 31, 2019
Bonus Depreciation: Section 168(k) allows for bonus depreciation (100% expensing) on eligible equipment and property, thus allowing accelerated depreciation for a reduced tax burden, similar to Section 179. A company can take both Section 179 and Bonus Depreciation allowances, but Section 179 must be applied first, and any amount over the $1,000,000 limit to Section 179 may then be taken in bonus depreciation.
Evaluating the short and long-term effects of your purchase decisions and tax strategies is important to running your business. Your tax advisor can help you the effects of these tax strategies, so you can make the most informed decisions.
Matsuura Machinery USA, Inc., located in St. Paul, MN is the U.S. subsidiary of Matsuura Machinery Corporation in Japan. Since 1935, Matsuura has been the forerunner in designing innovative technology and manufacturing solutions to a variety of industries around the globe. Matsuura Machinery USA, Inc. delivers unmatched excellence in 5-axis, vertical, horizontal, linear motor, multi-tasking CNC machine tools and machines with a powder bed metal AM platform with machining capability. Matsuura Machinery USA, Inc. provides the service, applications and technical field support that have always been the Matsuura standard for business.
For more information about Matsuura, please contact: [email protected] or visit: www.matsuurausa.com.