2011 Incentives
The American Recovery and Reinvestment Act of 2009 includes a provision for 2011 investment in new equipment acquisitions. Purchasing a Novaseal ShadeSealer or ShadeTable qualifies for this provision. The 2011 tax incentives are part of what is known as Section 179 for 2011.
According to Novaseal’s accountant, here are the provisions for 2011:
- 2011 Deduction Limit – $500,000
- 2011 Limit on Equipment Purchases – $2 Million for the year
- Bonus Depreciation – 100% taken after the $500,000 deduction is reached. Bonus depreciation is only for new equipment. This depreciation can also be taken by businesses that exceed $2 Million in capital equipment purchases.
Limits of Section 179:
$500,000 write-off cap per equipment purchase, with total not to exceed $2 Million for the year. The deduction begins to phase out dollar-for-dollar after the $2 Million is spent by a business. So this makes it a true small to medium-sized business deduction. After the recent passage of the “Tax Relief Act of 2010,” large businesses that exceed the $2 Million capital expenditure threshold can take a bonus depreciation of 100% on the amount that exceeds the limit.
Who Qualifies for Section 179?
Any business that purchases, finances, and/or leases less than $2 Million in business equipment during tax year 2011 qualifies for the Section 179 deduction. Purchased equipment needs to be delivered and in service by December 31, 2011.
If a business in not profitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable.
Furthermore, it is our belief that the Framer’s original intent for Section 179 tax incentive was for the purchase of American products, more specifically products Made in the USA.
So … purchasing a Novaseal ShadeSealer or ShadeTable is not only the best investment you can make in your 
business, it is also an investment in America and an investment with real tax incentives — full deduction this year and next year. And to apply the Section 179 tax incentive to a purchase in 2011, and to avoid scheduling conflicts, we suggest you place your order no later than October.
If these incentives weren’t enough, our business manager Max Sarango has discovered that if you buy American, and file documents for financing a ShadeSealer in September, you can also receive an instant buy USA business stimulus rebate ranging from $995 to $2,400.
So, if you were considering purchase of a ShadeSealer, making a decision to do so this month is very attractive. And, all of these financial incentives are happening at the same time as window covering demand is at an all time high.
What are you waiting for … strong market demand, great tax incentives (double the deduction), instant rebate, and all for the best available heat sealer for manufacturing shades with a Lifetime Warranty. It doesn’t get better!
Call us today … 561-470-3267
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