*** Important Update for December 2010 ***

Dec 1, 2010 – Effective as of 09/27/2010, H.R. 5297 (the Small Business Jobs and Credit Act of 2010) had a substantial (and welcome) impact on Section 179.  The biggest impact is that it increased Section 179’s limits (essentially doubling them). This means a substantial boost to your bottom line this year.  But to get the deduction for tax year 2010, you have to act now, as once the clock strikes midnight on 12/31/2010, Section 179 can’t affect your 2010 profits anymore.Additionally, a “$179 bonus per $10,000 financed” is being offered thru 12/31/2010.  This means you can get your equipment, vehicles, and/or software now (and thus get to take advantage of Section 179 in 2010), and get bonus cash as well.

Click here for details: Section 179 Qualified Financing.

For more information on Section179 and information on ARRA certificates please visit the following websites:

http://www.section179.org/ – More information on Section 179

http://www.recovery.gov/Pages/default.aspx – ARRA information and tracking money

Click here to download Valtorc International’s ARRA certificate