Manufacturing Financing Services
MFS Home
MFS Products
MFS Credit Application
MFS Why Lease
MFS Financial Calculator
MFS Core Values
MFS Contact
MFS Your Account
MFS Tax Tips
 
Manufacturers Financing Services - Tax Tips 2008
 
PLEASE PLUG-IN THE ESTIMATED MACHINE PRICE HERE: $
  
The simple spreadsheet below will demonstrate your potential Tax Savings:
Estimated Machine Price (EMP)
Section 179 Deduction
Depreciable Balance (EMP - Section 179 Depreciation)
      NEW 50% BONUS DEPRECIATION (50% of Depreciable Balance)
Balance to Depreciate over 7 Years (EMP - Section 179 - 50% Bonus)
Standard Depreciation (14.29% Yr. 1 x (EMP - Section 179 - 50% Bonus))
      Total First Year Tax Deduction
Assumed Customer Tax Bracket
      TAX SAVINGS
$
$
$
$
$
$
$
35%
$