Year End Tax Savings
HURRY, THE TAX CUTS AND JOBS ACT CAN MEAN BIG SAVINGS FOR 2019 EQUIPMENT BUYERS.
The federal government has changed and extended tax incentives to help you save money on your 2019 tax bill and free up cash now.
• In order to claim 100 percent depreciation during 2019, the equipment must be acquired and placed in service before January 1, 2020. The equipment must be depreciable under MACRS and have a depreciation recovery period of 20 years or less.
• Used equipment can also now qualify for bonus depreciation, as long as it is your first use of the equipment.
• You still have through the end of December to purchase and put into service, making 2019 a great time to buy the CAT equipment you need.
• For more information and details fill out the form below or contact your sales rep.