Many businesses today are looking for ways to keep their competitive edge without depleting their cash
reserves and vital bank credit lines.
The American Recovery and Reinvestment Act of 2009 recently signed into law extends the bonus depreciation rules which were enacted in the 2008 Tax Act through 2009.
This means that US companies who purchase SolidWorks CAD software in 2009 can take an immediate tax
deduction of 50% of the purchase price in addition to the normal depreciation on the remaining balance.
The 2009 Act also extends the Sec. 179 immediate tax deduction of fixed asset purchases of up to $250k
(as opposed to depreciating over time).
To learn more about SolidWorks and this exciting opportunity, contact us today!
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