Southwest Solutions Group® wants to make sure you make the most of the IRS Section 179 Small Business Jobs Act Deduction this year. It’s still not too late to take advantage of completing the purchase of a Kardex Remstar Element VLM or Spacesaver® ActivRac™ High Capacity Pallet Rack Storage System. The Section 179 allowance has been increased from $250,000 to $500,000 for taxpayers with total capital investments of $2 million or less. To take advantage of these incentives you must act before the end of December 2011.
What is the Section 179 Tax Deduction?
When your business buys certain items of equipment, it typically gets to write them off a little at a time through depreciation; however, most business owners would really prefer to write off the entire equipment purchase price for the year they buy it. In fact, if a business could write off the entire amount, they might add more equipment this year instead of waiting. That’s the whole purpose behind Section 179, to motivate the American economy (and your business) to move in a positive direction.
What Does This Mean for You?
The Section 179 Deduction means that buying the equipment you need to keep your business organized and competitive is that much easier on your wallet. The KardexRemstar Element VLM takes your unproductive overhead air space and turns it into productive storage space all while saving you floor space and increasing picking and inventory accuracy. The Spacesaver ActivRac High Capacity Pallet Rack System can reduce your warehouse pallet storage area by 50%. Also, through the Section 179 Deduction you can get a quicker return on investment (ROI) from a Kardex Remstar Element VLM and Spacesaver ActivRac High Capacity Pallet Rack Storage System.
Southwest Solutions Group designs and plans Kardex Remstar Element VLMs and ActivRack Storage Systems for all types of businesses. Call us today at 1-800-803-1083 to see how the Kardex Remstar Element VLM or Spacesaver ActivRac can work for you. And remember, the Section 179 Deduction is only good till the end of December 2011, so act fast!
