Write-Off up to $125,000 in Equipment Costs During 2008 with an IFC or FirstCorp Lease!

 

For Middle Market Transactions and Section 179 Benefits:

Brian Cascarano
Vice President of Marketing
(847) 663-6700

bcascarano@
ifccredit.com
------------------------------
For Small Business Transactions and Section 179 Benefits:

Call: 800-554-4432
Or, visit our website at:
www.firstcorp.com

Under the recently revised 2008 Section 179 guidelines, the IRS has granted tax benefits that could allow you to write off the entire cost of your equipment purchases in their first year of service. But are you taking advantage? 
With financing from IFC and FirstCorp, you can write off up to $125,000 of the lease of any equipment in 2008.  That means, for equipment under $125,000, you could write off the entire cost!  And for equipment priced higher, you can take the Section 179 Deduction, plus add standard depreciation!
But not all leases are created equal. Different types of leases have different tax implications, and can drastically affect the amount of Section 179 deductions for which you will or will not qualify.  At IFC and FirstCorp, we not only help to structure the financing for your next equipment acquisition, but we also work with you to create a lease that allows you to claim as much Section 179 benefit as possible. 
For example, we can arrange a capital lease that will qualify you for the maximum deduction amount your equipment purchases will allow. For companies purchasing more than $500,000 in equipment during 2008 and thus approaching the phase-out in deduction benefits, IFC can structure a lease that could allow you to still claim a portion of the deduction.
The tax incentives provided by the IRS in Section 179 are a tremendous boon for smaller and mid-sized companies.  At IFC and FirstCorp, we’ll get you on the right track to qualify for your maximum amount, getting you the equipment you need at a savings that is impossible to ignore.  How much new equipment will you be able to write off this year under Section 179? Call us today and find out!