Tax Incentives May Apply to Cox Table Purchase

The U.S. government offers small businesses a few incentives for improving their facilities and building their businesses. This is not tax advice. You will need to consult your tax professional to see how and if these tax incentives will work for your practice situation.
ADA Tax Credit for Disabled Access (Section 44) / up to $5000 tax credit
    • Possible ADA Tax Credit from law #1338, Aid to Disabled Americans - You may be eligible for a tax credit for a portion of purchase price of the table. Through provisions in the Aid to Disabled Americans legislation, a tax credit of up to $5,000 may be taken in the year of purchase of the table. This is a tax credit that can be used to directly offset your tax liability.  Please have your CPA review and verify this process. See for more details. An overview is at
Section 179 Small Business Deduction / up to potential $6020 deductions of IRS capital expenditures
    • Business Equipment Depreciation (check on current availability with your accountant) via Section 179 offers business depreciation deductions that help in the first year of the equipment's purchase. See See the calculator at
    • From the above website:
      • Section 179 limits for 2011 were increased by the 'Jobs Act of 2010' - allowing businesses to write-off up to $500,000 of qualified capital expenditures subject to a dollar-for-dollar phase-out once these expenditures exceed $2 million. 
      • Bonus Depreciation was also increased to 100% by the 'Tax Relief Act of 2010' - allowing businesses that exceed the $2 million cap to write-off 100% of qualified assets using first year Bonus Depreciation.  Also, small businesses that are not profitable in 2011 can use 100% Bonus Depreciation (on new equipment only) and carry-forward the loss to future profitable years.  
Tax Credit for Barrier Removal (Disabled) (Section 190) / combine with Section 44 ADA Tax Credit up to potential $10,000 deduction

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