Teltek recently became aware of a profound change to tax code Section 179:
Oct 15, 2010 – Effective as of 09/27/2010, H.R. 5297 (the Small Business Jobs and Credit Act of 2010) had a substantial (and welcome) impact on Section 179. The biggest impact is that it increased Section 179’s limits (almost doubling them). This will mean a substantial boost to your bottom line this year. But to get the deduction for tax year 2010, you have to act now, as once the clock strikes midnight on 12/31/2010, Section 179 can’t affect your 2010 profits anymore. In honor of this new bill and Section 179, a “$179 bonus per $10,000 financed” is being offered thru 12/31/2010. This means you can get your equipment, vehicles, and/or software now (and thus get to take advantage of Section 179 in 2010), and get bonus cash as well. (http://section179.org/)
This is a great opportunity for small and midsized businesses and you should act now! If you would like more information Section 179, please visit http://section179.org/