Make sure you take advantage of 2019 Tax Deductions
The tax extenders for 2019 have been passed and include the following:
- Section 179 2019 deduction limit = $1,000,000
This deduction is good on new and used equipment. To take the deduction for tax year 2019, the equipment must be financed or purchased and put into service between January 1, 2019 and the end of the day on December 31, 2019.
- Section 179 2019 spending cap on equipment purchases = $2,500,000
This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar for dollar basis.
- Bonus Depreciation is 100% for 2019
Bonus Depreciation is generally taken after the Section 179 Spending Cap is reached. The Bonus Depreciation is available for both new and used equipment.
Contact your tax advisor to determine if you qualify.
Integrity Awards Honor Vancer
Vancer, Inc. was selected as the 2019 BBB Integrity Award Winner in the 25-99 employee category.Read More
Vancer Attends NRC Conference
This video, shown at the NRC conference, quickly demonstrates Vancer engineering and manufacturing capabilities.Read More
Vancer Attends Annual AREMA Conference & Exposition
Vancer is proud to be a part of AREMA’s annual conference & exposition.Read More