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Tax Advantages

Posted by: Bill Frederick on 10/2/20 9:15 AM

If this was a normal year - we won't pretend that it is - making decisions about new equipment purchasing would be a lot easier, but with financial instability due to the pandemic, we understand that these decisions are hard. That's why we want to share some information about tax advantages for 2020 filing from our friends at American Financial Partners.  These two tax advantages make the purchase of capital equipment before the end of the year not only possible, but financially beneficial to you! Maybe you'll be welcoming an iJetColor envelope press to your print operation in 2020 afterall. 

  • 100% Bonus Depreciation is a 100% additional first year depreciation deduction that allows businesses to write off the cost of most depreciable business assets in the year they are placed in service by the business.
  • Section 179 Tax Savings is a tax benefit to help small businesses by allowing them to take a depreciation deduction for certain assets (capital expenditures), in one year rather than depreciating them over a longer period of time. 

In addition to the tax advantages, we are also still offering our Profit-Now-Pay-Later leasing program that allows you to profit now but pay later--including a 90-day payment deferral option and a minimal payment option for the first 6 months to get you up-and-profiting while providing negligible financial burden. 

Click Here to review program options and rates for the iJetColor Envelope Press.

Click Here to begin the application process for leasing an iJetColor Envelope Press!

To learn more about leasing options, contact us at sales@ijetcolor.com.

Topics: Inkjet
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