In 2010 President Obama signed into law The Small Business Jobs Act of 2010. This enables businesses to write off the entire purchase price of equipment without depreciation. You can deduct the entire amount, up to $500,000 from your 2012 Taxes. This law is being reviewed year to year as stimulus and is not expected to be unchanged for 2013.

Take advantage of the ability to instantly receive this incentive in 2012.

What does this mean for you?
Assumptions: Head of Household Earning $46,000-$125,000 a year 25% tax rate or comparable Corp Tax Rate