Dearborn Overhead Crane » Material Handling Magazine http://dearborncrane.com/blog Building Cranes Since 1947 Tue, 03 Nov 2009 18:59:13 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 43% Greater Tax Deduction for 2009 Crane Investments http://dearborncrane.com/blog/2009/07/43-greater-tax-deduction-for-2009-crane-investments/ http://dearborncrane.com/blog/2009/07/43-greater-tax-deduction-for-2009-crane-investments/#comments Tue, 21 Jul 2009 12:37:58 +0000 Larry Dunville http://dearborncrane.com/blog/?p=87 Normally I like to reserve this space for Overhead Crane education topics but a recent article crossed my desk that the readers of this blog may find helpful. The recent “Stimulus Package” passed by the federal government includes provisions for accelerated depreciation for all businesses and even the first year worth of expenses for new purchases by small businesses.

I’m no tax expert (other than sending 50 years of taxes to the IRS every April 15th), but this could be a really good time to reduce the cost of some needed equipment investments. Here’s two links to give you the details:

  1. Material Handling Magazine – Article
  2. Material Handling Industry of America – Article

Next week, back to technical issues.

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