Economic Stimulus Package Provides Huge Investment Incentives
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The “placed-in-service” date for qualifying equipment purchases is critical to the effectiveness of these tax incentives. Large capital equipment systems typically require more lead time for engineering and installation than is necessary for smaller acquisitions. Therefore, it is very important to note that the enhanced expensing and bonus depreciation in the legislation will only be available for equipment purchased and placed-in-service in calendar year 2008. Even with the relatively short placed-in-service window, these investment incentives still offer a powerful sales incentive for NPES members to present to their potential customers, and a huge tax savings for printers who invest this year.
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- Ralph J. Nappi
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