Big Corporations Saved $50 Billion, …How About You?

The “Bonus Depreciation” allowance instituted under the Trump administration has saved 23 big corporations about $50 Billion – so far. The “Bonus Depreciation” took their taxable revenue down into single digits. That tax break comes to an end on Dec 31st. 

Federal tax rules have long permitted accelerated depreciation, which allows businesses to deduct the costs of equipment more quickly than it wears out. But the Tax Cuts and Jobs Act enacted under former President Trump in 2017 provided the most extreme version of this tax break, often called “bonus depreciation,” allowing businesses to write off the entire cost of equipment in the year it is purchased.  itep.org

You can still buy a used JLG 1230es and now for a specially reduced price! Pick up a used JLG 1230es before the end of the year for $3500! That’s $1000 off our normal price of $4500! 

Alternatively you might need a new scissor lift, telehandler or boomlift or other items, before the end of the year. 

Elite Construction Equipment is a factory authorized dealer of JLG, Gradall, and Skytrak machines. We also offer Genie, Hyster, Multiquip and other brands. Inquire about other stock. 

Contact us today and our sales staff will get you the pricing and equipment you need.

Call now so that you can take advantage of your last opportunity to write off the entire cost of your equipment immediately!