Under Section 179 of the United States Internal Revenue Code, taxpayers can elect to deduct the cost of specific types of property, such as industrial equipment, on income taxes as an expense, rather than requiring the cost of the assets to be capitalized and depreciated. For EquipNet’s clients, this means when a piece of machinery or equipment is purchased for business use, companies are eligible to receive a tax deduction for buying and using them.
A lot of digital ink has been spilled on how cavitation has been revolutionizing the food industry in plain sight over the last few years.
What exactly is this process? How has it been changing food for the better? If you’ve never heard of this and you want to know more about what it is and what it means for the food sector, then you’ll definitely want to keep reading.
EquipNet is working with a leading electronics manufacturer to help sell its surplus equipment. This facility specializes in innovative and high performance RF (radio frequency) solutions for a number of markets, including mobile, infrastructure, defense & aerospace, and the IoT. These assets are currently still in production, but will be available in June 2018.