Cat Introduces New Heavy
Duty 5500 lb. Pallet Jack
Features:
- Capacity 5,500#
- 27” X 48” Forks
- Reinforced Ergonomic Handle
- Polyurethane Steer Wheels
- Polyurethane Load Wheels
- Entry/Exit Roller System
- Ten Grease Zerks at the Pivot Points
- Adjustable Push Rods
Warranty:
- One Year On Pump-Full Pump Replacement
- 6 Months on all other parts.
Special Sales Price $379.00
each (plus tax, F.O.B MIT)
In stock for immediate delivery – call our Insides
Sales Group at 1-800- 444-4808
Economic Stimulus Act of
2008
$$Get
Uncle Sam to Help Your Business
in 2008$$
Although the business incentives have been
overshadowed in the news by the
individual tax rebates, the business
tax breaks are very valuable.
This can be broken
down into two primary areas:
Expensing Election for
Small Business
The new law doubles the amount of equipment that can be
expensed in the year of purchase. For equipment purchased (and placed in
service) for tax years beginning in 2008, 100% of the cost of
the equipment can be written off for tax purposes, UP TO
$250,000. This applies only in 2008. If a business purchases more than
$1,050,000 in equipment in 2008, this expensing election is not
available, but see bonus depreciation below.
Remember, the equipment has to be placed in
service in 2008 to qualify, so you need to act this year to be eligible!
Temporary Bonus
Depreciation
Congress has used bonus depreciation in the past to
encourage business investment (post September 11). The new law allows
qualifying taxpayers 50% of the cost of qualifying equipment as first
year bonus depreciation. As with the expensing election above, this
provision is for equipment placed in service in 2008.
The 50% bonus depreciation can be taken even if
you exceed the $1,050,000 of equipment purchased in 2008,
so even larger businesses can take advantage of this provision.
Also, bonus depreciation is only available for new
equipment (not used). Remember, this bonus depreciation is on top of
regular depreciation claimed for tax purposes.
As you can see, these provisions have the ability to
greatly enhance the return on investment for
purchasing equipment in 2008. There can be great tax benefits
from making that buying decision NOW. If you have any
questions, contact your Account Manager at Miami Industrial Trucks,
Inc.
NOTE: As always, consult your tax
advisor to make sure these benefits will be applicable to your
particular situation.
Should You Purchase a
Pre-Owned or New Piece of Equipment?
Your
real decision should start with your equipment usage and application.
Today, too often companies overlook the economics of purchasing a used
forklift, aerial work platform or an industrial sweeper and scrubber. A
good “rule of thumb” is if a piece of equipment is going to be used one
to four hours a day, a used unit is a good recommendation. Over four
hours a day usage we recommend new. Many times we see companies putting
a significant amount of repair money into a dead horse when
consideration of a newer used unit might be the answer. The older
vehicles are harder to get parts for and at times can be down due to
availability.
The cost of a 5-year-old used forklift is usually about 60% of a new
one. Miami Industrial Trucks, Inc. has over 100 pieces of used forklifts
for sale (rider, walkie or narrow aisle). Units are either gas or
electric powered. In addition to forklifts, we have available used
scissor lifts, booms, aerial work platforms, industrial sweepers and
scrubbers. Give our Corporate Used Truck Department a call today
(800-444-4808) and ask for a copy of our recently released used
equipment booklet.
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