Economic Stimulus Act of 2008
| May 8, 2008 Dear Customer: Recently “The Economic Stimulus Act of 2008” was signed into law. This legislation provides businesses with an opportunity to accelerate depreciation on equipment purchased and placed in service in 2008. This additional first year depreciation results from a combination of 50% bonus depreciation and the additional immediate expense election which was raised from $125,000 to $250,000. If your organization is profitable and capital intensive this legislative opportunity may assist your company in funding your capital projects. Aaron is one of the largest new and used equipment dealers in the world. We would be delighted to provide you with your equipment needs. In the event we are unable to be your supplier on this project and you purchase new equipment from another source, we would love the opportunity to purchase your surplus process equipment. We recommend you discuss your unique situation with your accounting and tax advisors before making any decisions. Best regards, Aaron Equipment Company |
