Miyachi America Corporation Offers Tax Write-Off for Customer of Capital Equipment Monrovia, CA – Miyachi America Corporation, a leading manufacturer of welding equipment and laser systems, announces that customers may be eligible for the Section 179 Deduction and/or Bonus Depreciation when they purchase their equipment and machinery. Section 179 of the IRS tax code allows businesses to deduct the full purchase price of equipment of up to $500,000 for tax years beginning in 2013. Bonus Depreciation allows a fifty percent (50%) deduction on new equipment that exceeds the Section 179 deduction limitation. Customers can take advantage of the Section 179 and Bonus Depreciation deductions with purchases that are placed “in service” during tax years that begin in 2013 and by December 31, 2013, respectively. The goal of Section 179 Deduction and Bonus Depreciation is to stimulate the U.S. economy by encouraging businesses to buy tangible property like machinery and equipment. Bonus Depreciation is part of the Economic Stimulus Act of 2008 signed by President Bush and subsequently extended through the American Recovery and Reinvestment Act of 2009 by President Obama. The Section 179 limits for the year 2013 were increased through the American Taxpayer Relief Act. The Section 179 Deduction is scheduled to decrease to $25,000 for tax years beginning in 2014 and Bonus Depreciation will no longer be available starting January 1, 2014. Please consult your tax advisor to determine if you qualify to take advantage of these incentives. Miyachi America can accommodate custom tooling design and fabrication for a wide range of customer projects. Sample welds are offered to customers at no charge to help them determine the best equipment for their application. Contact a Miyachi America representative today to take advantage of this tax incentive. About Amada Miyachi America Since 1948, Amada Miyachi America, Inc. has worked to achieve one goal: to solve customer’s manufacturing challenges. Knowing there is no one solution that fits all, the company strives to provide customers with innovative and reliable manufacturing technology solutions in an effort to be their single source provider. Amada Miyachi America manufactures equipment and systems for resistance welding, laser welding, laser marking, laser cutting, hermetic sealing and hot bar reflow soldering and bonding. The company serves a wide range of markets including medical devices, battery, aerospace, automotive and electronic components. Amada Miyachi America is an ISO9001 certified company. Contact Amada Miyachi America at info@amadamiyachi.com. Learn more about the company’s products and services at www.amadamiyachi.com.
