{"id":2820,"date":"2020-11-02T17:36:18","date_gmt":"2020-11-02T17:36:18","guid":{"rendered":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/?page_id=2820"},"modified":"2020-11-04T12:03:23","modified_gmt":"2020-11-04T12:03:23","slug":"end-of-year-product-savings-and-tax-incentives","status":"publish","type":"page","link":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/end-of-year-product-savings-and-tax-incentives\/","title":{"rendered":"End of Year Product Savings and Tax Incentives"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2820\" class=\"elementor elementor-2820\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4c82a05 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4c82a05\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-245aeb5\" data-id=\"245aeb5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c8c0534 elementor-widget elementor-widget-heading\" data-id=\"c8c0534\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">End of Year Product Savings and Tax Incentives<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-04940fc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"04940fc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ebcfba8\" data-id=\"ebcfba8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5f3a84d elementor-widget elementor-widget-text-editor\" data-id=\"5f3a84d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tIf you need packaging equipment, now is the time to act because you can write-off up to ONE MILLION DOLLARS worth of qualifying machinery. And you can do it THIS YEAR! Here\u2019s how it works:\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3fe54e8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3fe54e8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-a734748\" data-id=\"a734748\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0ec0c4c elementor-widget elementor-widget-text-editor\" data-id=\"0ec0c4c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Under IRS Section 179, businesses spending less than $2,500,000 a year on qualified equipment may write off up to $1,000,000 up front.<\/li><li>100% Bonus Depreciation on qualified equipment placed in service from 9\/27\/2017 through 12\/31\/2022.<\/li><li>The $1,000,000 phases out when a business purchases more than $2,500,000 in one year.<\/li><li>Companies cannot write off more than their taxable income.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-488a31c\" data-id=\"488a31c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-9a9ae74 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9a9ae74\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-316f932\" data-id=\"316f932\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d6a586f elementor-widget elementor-widget-heading\" data-id=\"d6a586f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Cost of Equipment<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-b923c6b\" data-id=\"b923c6b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7d99622 elementor-widget elementor-widget-heading\" data-id=\"7d99622\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">$1,500,000.00<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3c1c908 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3c1c908\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-013aff4\" data-id=\"013aff4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8f641ad elementor-widget elementor-widget-heading\" data-id=\"8f641ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">1st Year write-offs\n<ul><li>Section 179<\/li>\n<li>100% Bonus Depriciation<\/li><\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-9a3d3c2\" data-id=\"9a3d3c2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9116930 elementor-widget elementor-widget-heading\" data-id=\"9116930\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\"><br \/>\n$1,000,000.00<br \/>\n$500,000.00<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-721e843 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"721e843\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-eaffa0b\" data-id=\"eaffa0b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-61a71ff elementor-widget elementor-widget-heading\" data-id=\"61a71ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Total Deduction in 1st Year<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-48f62b8\" data-id=\"48f62b8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3e7f302 elementor-widget elementor-widget-heading\" data-id=\"3e7f302\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">$1,500,000.00<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b2f4b1e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b2f4b1e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6016bee\" data-id=\"6016bee\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-39ec29d elementor-widget elementor-widget-heading\" data-id=\"39ec29d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Marginal Tax Rate Assumed 21%<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-df8ac90\" data-id=\"df8ac90\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e9a4401 elementor-widget elementor-widget-heading\" data-id=\"e9a4401\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">$315,000.00<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-25225e0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"25225e0\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e482127\" data-id=\"e482127\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e5331ef elementor-widget elementor-widget-heading\" data-id=\"e5331ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Bottom Line Equipment Cost After Tax Savings<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7d51c17\" data-id=\"7d51c17\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f6955da elementor-widget elementor-widget-heading\" data-id=\"f6955da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">$1,185,000.00<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e429b29 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e429b29\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b7e4b3\" data-id=\"5b7e4b3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a51aa23 elementor-widget elementor-widget-text-editor\" data-id=\"a51aa23\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>We\u2019re packaging people not accountants, and aren\u2019t offering legal, tax or financial advice. However, we work with the largest equipment finance company in America focused solely on packaging and processing equipment.<\/p><p>Call a packaging specialist today to see how you can reduce your taxable income this year.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9e481c4 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"9e481c4\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c3bdd82\" data-id=\"c3bdd82\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7d2d01f elementor-widget elementor-widget-image\" data-id=\"7d2d01f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"300\" height=\"257\" src=\"https:\/\/i0.wp.com\/sunpkg.com\/staging-sunpkg-BH\/wp-content\/uploads\/2019\/12\/SunPac-logo.png?fit=300%2C257&amp;ssl=1\" class=\"attachment-medium size-medium wp-image-286\" alt=\"\" srcset=\"https:\/\/i0.wp.com\/sunpkg.com\/staging-sunpkg-BH\/wp-content\/uploads\/2019\/12\/SunPac-logo.png?w=849&amp;ssl=1 849w, https:\/\/i0.wp.com\/sunpkg.com\/staging-sunpkg-BH\/wp-content\/uploads\/2019\/12\/SunPac-logo.png?resize=300%2C257&amp;ssl=1 300w, https:\/\/i0.wp.com\/sunpkg.com\/staging-sunpkg-BH\/wp-content\/uploads\/2019\/12\/SunPac-logo.png?resize=768%2C659&amp;ssl=1 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-9fbfc4e\" data-id=\"9fbfc4e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9f14e0c elementor-align-center elementor-widget elementor-widget-button\" data-id=\"9f14e0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/www.myampac.com\/section-179-calculator\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Click here for Tax Calculator<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-58f33bd elementor-align-center elementor-widget elementor-widget-button\" data-id=\"58f33bd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/sunpkg.com\/staging-sunpkg-BH\/fall-demo-machine-sale\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Browse Fall Demo Sale<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\n    <div class=\"xs_social_share_widget xs_share_url after_content \t\tmain_content  wslu-style-1 wslu-share-box-shaped wslu-fill-colored wslu-none wslu-share-horizontal wslu-theme-font-no wslu-main_content\">\n\n\t\t\n        <ul>\n\t\t\t        <\/ul>\n    <\/div> \n","protected":false},"excerpt":{"rendered":"<p>End of Year Product Savings and Tax Incentives If you need packaging equipment, now is the time to act because you can write-off up to ONE MILLION DOLLARS worth of qualifying machinery. And you can do it THIS YEAR! Here\u2019s how it works: Under IRS Section 179, businesses spending less than $2,500,000 a year on [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"class_list":["post-2820","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.6 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>End of Year Product Savings and Tax Incentives - SUN PACKAGING TECHNOLOGIES, INC<\/title>\n<meta name=\"description\" content=\"End of Year Product Savings and Tax Incentives   If you need packaging equipment, now is the time to act because you can write-off up to ONE MILLION DOLLARS worth of qualifying machinery. And you can do it THIS YEAR! Here\u2019s how it works:Under IRS Section 179, businesses spending less than $2,500,000 a year on qualified equipment may write off up to $1,000,000 up front.100% Bonus Depreciation on qualified equipment placed in service from 9\/27\/2017 through 12\/31\/2022.The $1,000,000 phases out when a business purchases more than $2,500,000 in one year.Companies cannot write off more than their taxable income.   Cost of Equipment   $1,500,000.00   1st Year write-offs Section 179 100% Bonus Depriciation    $1,000,000.00 $500,000.00   Total Deduction in 1st Year   $1,500,000.00   Marginal Tax Rate Assumed 21%   $315,000.00   Bottom Line Equipment Cost After Tax Savings   $1,185,000.00   We\u2019re packaging people not accountants, and aren\u2019t offering legal, tax or financial advice. However, we work with the largest equipment finance company in America focused solely on packaging and processing equipment.Call a packaging specialist today to see how you can reduce your taxable income this year.                  Click here for Tax Calculator         Browse Fall Demo Sale\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sunpkg.com\/staging-sunpkg-BH\/end-of-year-product-savings-and-tax-incentives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"End of Year Product Savings and Tax Incentives\" \/>\n<meta property=\"og:description\" content=\"End of Year Product Savings and Tax Incentives   If you need packaging equipment, now is the time to act because you can write-off up to ONE MILLION DOLLARS worth of qualifying machinery. And you can do it THIS YEAR! Here\u2019s how it works:Under IRS Section 179, businesses spending less than $2,500,000 a year on qualified equipment may write off up to $1,000,000 up front.100% Bonus Depreciation on qualified equipment placed in service from 9\/27\/2017 through 12\/31\/2022.The $1,000,000 phases out when a business purchases more than $2,500,000 in one year.Companies cannot write off more than their taxable income.   Cost of Equipment   $1,500,000.00   1st Year write-offs Section 179 100% Bonus Depriciation    $1,000,000.00 $500,000.00   Total Deduction in 1st Year   $1,500,000.00   Marginal Tax Rate Assumed 21%   $315,000.00   Bottom Line Equipment Cost After Tax Savings   $1,185,000.00   We\u2019re packaging people not accountants, and aren\u2019t offering legal, tax or financial advice. However, we work with the largest equipment finance company in America focused solely on packaging and processing equipment.Call a packaging specialist today to see how you can reduce your taxable income this year.                  Click here for Tax Calculator         Browse Fall Demo Sale\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sunpkg.com\/staging-sunpkg-BH\/end-of-year-product-savings-and-tax-incentives\/\" \/>\n<meta property=\"og:site_name\" content=\"SUN PACKAGING TECHNOLOGIES, INC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/sunpackagingtech\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-04T12:03:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sunpkg.com\/staging-sunpkg-BH\/wp-content\/uploads\/2019\/12\/SunPac-logo-300x257.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sunpkg.com\\\/staging-sunpkg-BH\\\/end-of-year-product-savings-and-tax-incentives\\\/\",\"url\":\"https:\\\/\\\/sunpkg.com\\\/staging-sunpkg-BH\\\/end-of-year-product-savings-and-tax-incentives\\\/\",\"name\":\"End of Year Product Savings and Tax Incentives - SUN PACKAGING TECHNOLOGIES, INC\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sunpkg.com\\\/staging-sunpkg-BH\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/sunpkg.com\\\/staging-sunpkg-BH\\\/end-of-year-product-savings-and-tax-incentives\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/sunpkg.com\\\/staging-sunpkg-BH\\\/end-of-year-product-savings-and-tax-incentives\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/sunpkg.com\\\/staging-sunpkg-BH\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/SunPac-logo-300x257.png\",\"datePublished\":\"2020-11-02T17:36:18+00:00\",\"dateModified\":\"2020-11-04T12:03:23+00:00\",\"description\":\"End of Year Product Savings and Tax Incentives If you need packaging equipment, now is the time to act because you can write-off up to ONE MILLION DOLLARS worth of qualifying machinery. And you can do it THIS YEAR! Here\u2019s how it works:Under IRS Section 179, businesses spending less than $2,500,000 a year on qualified equipment may write off up to $1,000,000 up front.100% Bonus Depreciation on qualified equipment placed in service from 9\\\/27\\\/2017 through 12\\\/31\\\/2022.The $1,000,000 phases out when a business purchases more than $2,500,000 in one year.Companies cannot write off more than their taxable income. Cost of Equipment $1,500,000.00 1st Year write-offs Section 179 100% Bonus Depriciation $1,000,000.00 $500,000.00 Total Deduction in 1st Year $1,500,000.00 Marginal Tax Rate Assumed 21% $315,000.00 Bottom Line Equipment Cost After Tax Savings $1,185,000.00 We\u2019re packaging people not accountants, and aren\u2019t offering legal, tax or financial advice. However, we work with the largest equipment finance company in America focused solely on packaging and processing equipment.Call a packaging specialist today to see how you can reduce your taxable income this year. 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And you can do it THIS YEAR! Here\u2019s how it works:Under IRS Section 179, businesses spending less than $2,500,000 a year on qualified equipment may write off up to $1,000,000 up front.100% Bonus Depreciation on qualified equipment placed in service from 9\/27\/2017 through 12\/31\/2022.The $1,000,000 phases out when a business purchases more than $2,500,000 in one year.Companies cannot write off more than their taxable income.   Cost of Equipment   $1,500,000.00   1st Year write-offs Section 179 100% Bonus Depriciation    $1,000,000.00 $500,000.00   Total Deduction in 1st Year   $1,500,000.00   Marginal Tax Rate Assumed 21%   $315,000.00   Bottom Line Equipment Cost After Tax Savings   $1,185,000.00   We\u2019re packaging people not accountants, and aren\u2019t offering legal, tax or financial advice. However, we work with the largest equipment finance company in America focused solely on packaging and processing equipment.Call a packaging specialist today to see how you can reduce your taxable income this year.                  Click here for Tax Calculator         Browse Fall Demo Sale","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/end-of-year-product-savings-and-tax-incentives\/","og_locale":"en_US","og_type":"article","og_title":"End of Year Product Savings and Tax Incentives","og_description":"End of Year Product Savings and Tax Incentives   If you need packaging equipment, now is the time to act because you can write-off up to ONE MILLION DOLLARS worth of qualifying machinery. And you can do it THIS YEAR! Here\u2019s how it works:Under IRS Section 179, businesses spending less than $2,500,000 a year on qualified equipment may write off up to $1,000,000 up front.100% Bonus Depreciation on qualified equipment placed in service from 9\/27\/2017 through 12\/31\/2022.The $1,000,000 phases out when a business purchases more than $2,500,000 in one year.Companies cannot write off more than their taxable income.   Cost of Equipment   $1,500,000.00   1st Year write-offs Section 179 100% Bonus Depriciation    $1,000,000.00 $500,000.00   Total Deduction in 1st Year   $1,500,000.00   Marginal Tax Rate Assumed 21%   $315,000.00   Bottom Line Equipment Cost After Tax Savings   $1,185,000.00   We\u2019re packaging people not accountants, and aren\u2019t offering legal, tax or financial advice. However, we work with the largest equipment finance company in America focused solely on packaging and processing equipment.Call a packaging specialist today to see how you can reduce your taxable income this year.                  Click here for Tax Calculator         Browse Fall Demo Sale","og_url":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/end-of-year-product-savings-and-tax-incentives\/","og_site_name":"SUN PACKAGING TECHNOLOGIES, INC","article_publisher":"https:\/\/www.facebook.com\/sunpackagingtech","article_modified_time":"2020-11-04T12:03:23+00:00","og_image":[{"url":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/wp-content\/uploads\/2019\/12\/SunPac-logo-300x257.png","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/end-of-year-product-savings-and-tax-incentives\/","url":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/end-of-year-product-savings-and-tax-incentives\/","name":"End of Year Product Savings and Tax Incentives - SUN PACKAGING TECHNOLOGIES, INC","isPartOf":{"@id":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/end-of-year-product-savings-and-tax-incentives\/#primaryimage"},"image":{"@id":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/end-of-year-product-savings-and-tax-incentives\/#primaryimage"},"thumbnailUrl":"https:\/\/sunpkg.com\/staging-sunpkg-BH\/wp-content\/uploads\/2019\/12\/SunPac-logo-300x257.png","datePublished":"2020-11-02T17:36:18+00:00","dateModified":"2020-11-04T12:03:23+00:00","description":"End of Year Product Savings and Tax Incentives If you need packaging equipment, now is the time to act because you can write-off up to ONE MILLION DOLLARS worth of qualifying machinery. And you can do it THIS YEAR! Here\u2019s how it works:Under IRS Section 179, businesses spending less than $2,500,000 a year on qualified equipment may write off up to $1,000,000 up front.100% Bonus Depreciation on qualified equipment placed in service from 9\/27\/2017 through 12\/31\/2022.The $1,000,000 phases out when a business purchases more than $2,500,000 in one year.Companies cannot write off more than their taxable income. Cost of Equipment $1,500,000.00 1st Year write-offs Section 179 100% Bonus Depriciation $1,000,000.00 $500,000.00 Total Deduction in 1st Year $1,500,000.00 Marginal Tax Rate Assumed 21% $315,000.00 Bottom Line Equipment Cost After Tax Savings $1,185,000.00 We\u2019re packaging people not accountants, and aren\u2019t offering legal, tax or financial advice. However, we work with the largest equipment finance company in America focused solely on packaging and processing equipment.Call a packaging specialist today to see how you can reduce your taxable income this year. 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