Metal Working Machine Specialists

Hwacheon

HiTech 700BB CNC Lathe 

LEBLOND

Servoshift 19″ Engine Lathe 

Aida

176 Ton Gap Frame Press

Featured Machinery

Auctions & Liquidations

Let our staff of experienced professionals utilize our marketing power and large network of customers to convert your machinery into immediate cash.

Asset Management

Action Machinery provides a full range of asset management services to lending institutions, banks, manufacturers and leasing companies to maximize the value of equipment inventory.

Appraisals

With over 25 years of experience, our staff understands the changing market values. We will provide you with accurate and timely evaluations of all your assets for the purpose of equipment financing, insurance, taxes or estate planning.

Buy Used Equipment

Action Machinery is always in the market to buy your late model CNC and manual machines – from single machines to entire plants of equipment.

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Section 179 Tax Deduction

For the 2016 tax year, the Section 179 Tax Deduction Limit has been raised back to $500,000, the increased level in effect in 2013 and is not reduced until the cost of section 179 property placed in service exceeds $2 Million.

Understanding The Section 179 Deduction. Click this link to see how Section 179 can benefit your business in 2016.

What you should know:

  • 2016 is a great year to buy and save on used machinery!
  • 2016 Expense Deduction Limit has been raised to $500,000
  • 2016 Limit on Capital Purchases = $2 Million
    Section 179 Threshold for total of equipment & software that can be purchased has increased to $2 Million (threshold would have been only $500,000 prior to the new legislation).
  • 2016 Bonus Depreciation = 50%
    The new law allows 50% “Bonus Depreciation” on qualified assets placed in service during 2013 and 2014.

Please note:

  • Section 179 Deduction applies to most new and used capital equipment, and also includes certain software.
  • Bonus Depreciation only applies to new equipment (no used equipment, no software)

When applying these provisions, Section 179 is generally taken first, followed by Bonus Depreciation – unless the business has no taxable profit in the given tax year.

Sample Savings*

Original Equipment Cost: $500,000

2016 Potential Tax Savings: $175,000

Final Equipment Cost: $325,000

Cash Savings on Equipment Purchase: $175,000

*Assuming a 35% tax qualifying purchase

 This information does not constitute tax advice. Please check with your tax advisor on how this applies to your business.