UNCLE SAM WANTS YOU!  

 AND HE WILL HELP YOU PAY FOR THAT GREAT NEW PIECE OF EQUIPMENT YOU’VE HAD YOUR EYE ON!

Under IRS Section 179, new equipment purchases up to $24,000 can be expensed (deducted from current taxable income) if installed before December 31^st.  Certain leases qualify for this deduction in their year of inception.  Suppose you have taxable income of $75,000 and you would like to acquire $24,000 worth of equipment.*

Without Using Section 179                                                    Using Section 179

Original Taxable Income         $75,000                                  $75,000

New Taxable Income               $75,000                                  $51,000

Taxes Due to Uncle Sam          $15,307                                 $  8,587

Tax Savings                              - 0 -                                        $  6,720

Monthly Lease Payment (60 Month Lease)                         $     564

Portion of lease paid by your tax savings                             Almost a full year

($6,720 ÷ $564 = 11.9 Months)

Let Independent Leasing Associates show you how to structure a lease so that you get the equipment you want, and Uncle Sam helps you pay for it!  In this case Uncle Sam will make almost 20% of your payments!

*This example is only intended to explain the tax benefits of leasing.  This provision is available to businesses regardless of their structure.  Please consult with your tax professional to determine the accuracy of the calculations and the best structure for you.  

Independent Leasing Associates 800-685-7571; e-mail: credit@independentleasing.com or www.independentleasing.com