Sister Company Monroe Mold Expands Its Plant to Continue Growth
Monroe Mold, manufacturer of molds and tooling for the blow-mold sector of the plastics industry, is expanding its facility to gain increased manufacturing capacity...
| "The R&B blow-molding machines and blow molds from Monroe Mold provide a combined product line distinct from any other OEM in the industry," said Al Hodge, president of R&B Holdings Co. LLC. |
R&B reminds all that the Section 179 of the Federal Tax Relief Act of 2010 has been extended and the deductible amount increase for 2011
May11, 2011
Section 179 is really very simple – you buy or lease qualifying equipment and/or software, and then take a full tax deduction on it this year 2011. To give you an estimate of how much money you can save, link to Section 179 Deduction Calculator to make computing Section 179 deductions simple, and will also detail the changes in Section 179 due to the various Stimulus Acts -- that have extended and further enhanced the Section 179 and Bonus Depreciation limits.
Successful businesses take advantage of legal tax incentives to help lower their operating costs. The Section 179 Deduction is a tax incentive that is easy to use, and gives businesses an incentive to invest in themselves by adding capital equipment. In short, taking advantage of the Section 179 Deduction will help your business keep more capital, while also getting needed equipment, vehicles, and software.
Reference www.section179.org for full details
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