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2007 Tax Sale - Through December 14, 2007

  

Xenetech Year End Inventory Reduction and Tax Sale! – Limited Time Only!

We’re having a short, end-of-year sale from December 3 to December 14 to help reduce inventory before year end. Take advantage of unbelievable discounts for this one week only. Combine this sale with your Section 179 annual depreciation deduction and magnify (maximize) the savings! In electing the Section 179 expense deduction you may reduce the amount of taxes you pay* for 2007 and at the same time acquire a new, productive piece of Xenetech equipment to help your business immediately.

Xenetech Sale items:

- Viper Retrofits with new VCS software- $2,000 trade in on electronics (a 33 1/3% price reduction with trade in!)

- $1,000 off (retail) 1325 and 2436 XLT Laser Systems; 30, 60, 80 and 100 watt models

- $1,000 off (retail) all large format 2525 and 2550 Xenetech Rotary Systems

- 50% reduction in the price of all Extended Warranty Plans (savings of $300 to $2,000)

- 50% off of all software products - Allfonts, Spellcheck, XGW-32, Rotary Driver, etc. ( up to $500 in savings)

- 30% off of the price of some accessories - Cylindrical Attachment, Ring Attachment, Self-Centering Vise (savings up to $1,000)

Call a Xenetech representative today to lock into these savings! If you don’t know your distributor, call Xenetech at 225-752-0225 or e-mail us at sales@xenetech.com for more information.

General information* on Section 179 (Depreciation Deduction) of the United States Internal Revenue Code:

Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179), allows businesses to elect to deduct the cost of certain types of property on their income taxes, as an expense (rather than requiring the property to be capitalized and depreciated). This property is generally limited to tangible personal property such as equipment and vehicles. Buildings are not eligible for section 179 deductions. Depreciable property that is not eligible for a section 179 deduction is still deductible over a number of years through MACRS depreciation according to sections 167 and 168. The 179 election is NOT mandatory, and the equipment may be depreciated according to sections 167 and 168 if preferable for tax reasons. Further, the 179 election may only be taken in the year the equipment is placed in use and is waived if not taken in that year.

The section 179 election is intended for small businesses. Under section 179(b)(1), the maximum deduction a taxpayer may elect to take in a year is currently (2007) $125,000 ($100,000 adjusted for inflation, although the limit was only 108,000 in 2006).

*It is very important that you seek counsel on the deductibility of equipment purchases for your business from your business’ tax professional.