The Economic Stimulus Act of 2008 can provide significant incentive for both small and large businesses to invest in new capital equipment.
Signed into law in February, the Act is designed to give a jump-start to the economy.
What It Allows
- For small businesses only, the Act allows for an increased immediate write-off for capital investments made in 2008 from $128,000 to $250,000, for purchases of new equipment of up to $800,000.
- For small and large businesses, the Act allows for deduction of an additional 50% of the cost of certain investments in 2008.
To qualify, the equipment must be placed in service in 2008.
How Can You Benefit?
If you haven’t done the math, Nordson nVision™ Tools can do it for you. We’ve developed nVision™ calculators you can use when considering an investment this year in your coating operations.
With the Nordson nVision™ Calculators, we’ll help you understand your potential savings* when you purchase – and put into service – new capital equipment in 2008.
With Nordson production-proven equipment and technology, you get:
- Solid ROI from the start
- Improved productivity
- Increased operating efficiency.
And now, you can save even more.
There’s never been a better time to talk with Nordson. Let us provide you with a free nVision Cost Analysis to help you understand how the Economic Stimulus Act of 2008 can be good for business….yours.
*Always consult with your tax advisor before making a decision.
Contact us.