Payment Estimator 12 01 2010 Customer name Equipment by neg11394

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									                               Payment Estimator 12/01/2010
                                                         Customer name
Equipment:

                                                                  Equipment:

Total purchase price:
                                                                      $200,000
                                Lease To Own                                                          Section 179 FAQ

36 month term:                                           $6,044.00                 Q. What is Section 179?
                                                                                   A. Businesses can write off up to $500,000 of qualified
48 month term:                                           $4,656.00                 equipment acquired during 2010.
                                                                                   Q. What is MACRS?
60 month term:                                           $3,840.00                 A. Modified Accelerated Cost Recovery System           is the
                                                                                   current depreciation system in the United States.
84 month term:                                           $2,938.00                 Q, When must equipment delivered to qualify for
                                                                                   2010 Section 179?
                                                                                   A. Equipment must be in place no later than midnight
Tax Benefit                                                                        December 31, 2010 to qualify for 2010 Section 179.
Bonus Depreciation                               $100,000
Section 179 allowance                            $100,000.00                       Bonus Depreciation
Total first year expense                         $200,000.00                       BONUS depreciation of 50% on qualified purchases.
                                                                                   Bonus depreciation may be used in conjunction with
Tax rate                                         39%                               Section 179 to achieve a substantial tax savings. Here
First year cash savings                          $78,000.00                        is an illustration.
First year net cost                              $122,000.00                       Equipment price                      $200,000
                                                                                   Bonus depreciation                   $100,000
The above information is informational only.                                       Section 179 expense                   $100,000
Industrial Finance Group, Inc. makes no claim or warranty                          Total first year write off           $200,000

regarding tax benefits from purchasing equipment.                                  Tax bracket                                       39%
Always consult with your CPA prior to making a decision based on tax benefits.     First year tax reduction                  $78,000




                                              INDUSTRIAL FINANCE GROUP, INC
                                                  David Kemp 850-932-4330
                                                  Chris Kemp 850-916-2222
                All quotes subject to formal credit approval. Check with your accountant or tax advisor to determine exact tax savings.
                                                       Monthly payment subject to change prior to closing.
                36        48        60        84
<25K       0.03297    0.0259   0.02169         0
25k-50k    0.03225   0.02515    0.0209    0.0161
50k-100k   0.03194    0.0249    0.0207   0.01594
>100k      0.03163   0.02467    0.0205   0.01579

								
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