On December 17, 2010, President Obama signed the 2010 Tax Relief Act into law. The Tax Relief Act includes provisions for businesses making equipment purchases during 2011.

Under prior law, a business could claim an extra 50% depreciation deduction for qualified new equipment as "bonus depreciation."

The 2010 Tax Relief Act changes the "bonus depreciation" amount to 100% of the cost of qualified new equipment that is purchased and in service by December 31, 2011.

As of January 1, 2012, the "bonus depreciation" will change back to 50%.

Potential Equipment Purchases to Consider

• Bulk Storage Rack
• Conveying Equipment
• Electrical Panels
• Guard Houses
• Industrial Manipulators
• Lighting
• Lubrication Systems
• Mezzanines
• Modular Office Systems
• Pallet & Storage Rack
• Security Cages
• Shelving Systems
• Tool Cabinets & Lockers
• Tool Cribs
• Vending Machines

Download a brochure to share with fellow employees.

-Used equipment does not qualify for "bonus depreciation."

* Disclaimer - This information is not to be construed as tax advice.
Customers are advised to consult a tax advisor to determine the applicability of this law to their actual tax situation.