2011 Tax Deduction for FoodTools Equipment

The United States government extended Section 179 in the tax code allowing businesses to deduct the full amount of investment spent on capital equipment purchased and installed in 2011.  That means that the new FoodTools machine that you buy will be deducted from your taxes in 2011 as an expense rather than being depreciated over the next several years.  All FoodTools machines are included in this special option including our slicing and cutting machines, crumb forming machines, butter cutting machines, and more.  From the small corner bakery to large wholesale production facilities, this is a great opportunity to invest in your business, adding new equipment and production lines while using a beneficial tax option to help save money.
 

For more information you can speak with your FoodTools sales and service representative or contact our office.  For a more in depth analysis of Section 179 see www.irs.gov/formspubs/article/0,,id+177054,00.html