The U.S. Federal Government has raised the Section 179 deduction limit to $500,000 in 2013. That is very good news for pharmacy owners and their tax accountants. All Kirby Lester automation products qualify for a full Section 179 tax deduction, so you can save thousands of dollars in 2013 taxes. You need to act this year. Sec. 179 was extended for only one additional year; it is expected to expire after Dec. 31, 2013.
You will also improve your cash flow by reducing your quarterly estimated taxes if you take advantage of Sec. 179 early in 2013. This is no "creative accounting" or "fun with numbers". Just real tax relief with Kirby Lester pharmacy automation. Start by calculating your estimated tax savings and net after-tax cost below:
Or just contact us
to estimate your tax incentive when you purchase or lease any Kirby Lester technology in 2012.
What is Section 179?:
With a KL60 purchase or lease in 2012, your potential tax savings could be substantial. Contact us
to calculate your potential deduction.
It is not mysterious or complicated at all. Sec. 179 of the U.S. IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. Sec. 179 is an incentive created by the U.S. government to encourage businesses to invest in themselves and stimulate the economy.
What is covered?:
The Sec. 179 deduction is available for most new and used capital equipment, and also includes costs directly associated with the installation of qualifying capital equipment (e.g., installation, training, delivery, any necessary remodeling costs such as electric drops). Any Kirby Lester device is covered by Sec. 179. Whether you buy or lease, you are still saving the maximum amount with Kirby Lester. For questions about Sec. 179, visit www.section179.org/index.html
This information is not intended or represented to constitute tax advice or your actual tax situation. Always consult with your tax advisor to determine your specific tax savings.