DynaCorp Auctions Wholesale Liquidators are excited to announce a few new auctions that will help your business at tax time. December 31st is the deadline for deductible business expenses. This date is rapidly approaching, which makes NOW the best time to invest in your business!
Consider that the corporate tax rates are scheduled to go down in 2012, which means that the more you can save in 2011, the better. Also, the 100% depreciation deduction tax breaks in 2012 are not guaranteed; currently, they’re set to be reduced down to 50% depreciation in the first year (unless Congress extends the 100%, as President Obama has proposed).
Save On Taxes With Business Vehicle Purchases!
According to Susan Tompor of the Detroit Free Press, “Businesses in need of a new truck or heavy SUV should be shopping before Dec. 31.” Over the next few weeks, a business can qualify for a 100% first-year bonus depreciation dedication, which means writing off the entire price of the vehicle in the first year for a rather substantial tax discount. Qualifying vehicles include Chevy Silverados and Suburbans, Ford Expeditions and F-150s, Dodge Rams, and GMC Yukon XLs that are new, delivered this year and will be used for business more than half the time. Businesses can also deduct up to $25,000 off a USED SUV or truck under tax code Section 179! This applies to any trucks weighing over 6,000 lbs with interior cargo beds of less than 6 feet. As wholesale liquidators, we’re pleased to bring you the best business vehicles on the market — like BMWs and Escalades!
Save On Taxes With New Business Equipment!
A business may also claim a 100% bonus depreciation deduction for qualifying new equipment that’s put into service by Dec. 31st. This tax break includes: chairs, computers, copy machines, desks, filing cabinets, other office furniture, phones, and software. ”Businesses should jump on this idea,” Joseph DeGennaro, tax director for Doeren Mayhew, told The Detroit Free Press. “Get it now and take your 100% write-off.” DynaCorp Auctions Wholesale Liquidators has a constant supply of business equipment coming through our online auction block.
Get Your New Business Equipment At A Wholesale Liquidators Auction FAST!
So the question is: where you can you pick up high-quality vehicles and equipment that won’t break your pocketbook during the holiday season? DynaCorp Auctions Wholesale Liquidators selects top-caliber partners like government agencies, celebrities, professional athletes, dignitaries, and Fortune 500 CEOs who are looking to sell off their surpluses and estates. Currently, we are auctioning off the following tax credit eligible items:
- KONICA 7145 COPIER-PRINTER
- COMPUTER DESKTOPS
- HP LASERJET PRINTER
- 4 PROSTAR & 5 PROSTAR SAMSUNG PHONES
- PROSTAR CENTRAL PHONE SYSTEM
- INK CARTRIDGES
- TABLE LAMPS
- ELEGANT PINEWOOD CHAIRS
- OFFICE CHAIRS
- LEATHER EXECUTIVE CHAIRS
- CHERRYWOOD CHAIRS
- RECEPTION DESKS
- COMPANY VEHICLES
Hurry! This Auction Ends Fri. December 16th!
There are also two other wholesale liquidators auctions to consider… One auction ends December 23rd and offers a Toyota Tundra, Cadillac Escalade or Honda Element EX for sale… The other auction ends December 28th and offers cherrywood desks, pinewood conference tables, chairs, sofas, and much more.