#SECTION179 Get a 2015 Tax Advantage with Portable Restrooms!
Are you looking for ways to save money and make smart investments? With portable restrooms, you can earn a tax break by selling and buying RIGHT NOW! Per Section 179 of the tax code, your business has the ability to write off or expense 100% of the cost of a portable restroom trailer purchase for up to $25,000, and then 50% of the remaining balance up to $200,000. This opportunity allows you to acquire the equipment you need, while simultaneously benefitting from the tax write-off! Leveraging this deduction allows businesses to jump on what they need now, instead of waiting over the next few years by only writing off the depreciation values. With industry price increases on the horizon, this is just another reason to purchase now instead of waiting.
Why is the government providing this motivation? This incentive was created to encourage and support small to medium-sized businesses in your growth and expansion. Assets eligible for the deduction do not need to be “new-new”, just “new to you.” This means that new and used portable restrooms are applicable but YOU MUST ACT BY 12/31/15! Portable restrooms purchased must be delivered and installed prior to December 31st, 2015 to take advantage for this year!
If you are already familiar with Section 179, you may know that in year’s past it has received a retroactive boost. It happened most recently in December 2014 where the limit was raised to $500,000! THE GOOD NEWS? YOUR PORTABLE RESTROOMS PURCHASE WILL ALSO RECEIVE THIS BOOST IF IT GOES INTO AFFECT IN 2015! While there are no guarantees, most industry experts feel this will happen again this year. Want to help ensure that this increase will occur? You can make your voice heard by signing the Petition Congress to Keep Section 179 at $500,000 for 2015 on the official website of Section 179 by October 15, 2015.
For complete details regarding Section 179, please visit IRS.gov, Section179.org, contact your accountant, or the IRS helpline at 1-800-829-4933. If you’re looking for guidance, don’t hesitate to give us a call at 1-888-998-6547 or fill out our Contact Form today. Experienced sales representatives can help you take advantage of the Section 179 Deduction on your portable restroom trailer lease, purchase, or sale. New or Used, Whatever Your Event, We Have the Solution at PRT!