One St Priority Acceptance

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Investment Advisory Service, Financial Planners

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Today: 9:00 am - 5:00 pm

19 Years

in Business

(330) 475-1898Call Visit WebsiteVisit Website Map & DirectionsDirections1267 Southeast AveTallmadge, OH 44278 Write a ReviewWrite Review

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Hours

Regular Hours

Mon - Tue:	9:00 am - 5:00 pm
Thu - Fri:	9:00 am - 5:00 pm
Sat:	9:00 am - 12:00 pm

One St Priority Acceptance

Tax Deductions
What does all this mean? Let's take a look at it as if you were going to acquire a piece or package of equipment totaling $130,000. Under Section 179 we would be able to expense the first $100,000. With the 50 percent bonus depreciation enacted in the 2003 Jobs and Growth Act, we can take an additional 50 percent bonus of the remaining balance. Fifty percent of the remaining $30,000 is $15,000. Under the 20 percent first year depreciation as allowed under IRS rules, you would take 20 percent of the remaining $15,000, which is $3,000. Our total tax deduction on the $130,000 of equipment purchased or financed would be $118,000 in the year it was acquired.

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Extra Phones

Phone: (330) 475-7997

Fax: (330) 475-7997

Payment method

amex, discover, master card, visa

AKA

First Priority Acceptance LLC

One St Priority Acceptance LLC

First Priority Acceptance

Other Links

http://www.1stpriacc.com

http://1stpriacc.com/contact.htm

http://1stpriorityacceptance.com

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Investment Advisory Service, Financial Planners

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Details

Phone: (330) 475-1898

Address: 1267 Southeast Ave, Tallmadge, OH 44278

Website: http://www.1stpriacc.com

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