CINCINNATI Precision Machinery - sheet metal fabrication machinery specialists...we are here to serve you for all of your sheet metal fabricating machinery Here at CPM we represent machinery for all of your sheet metal fabrication needs - everything from hand tools to lasers, coilines to brakes, notchers to ironworkers and much more. Please give us a call or glance through CINCINNATI Precision Machinery 's site for all your sheet metal fabrication needs.
 
 
 
 
 
 
 
 

  

 

Used Machinery

ALL Used Machinery

Used Air Compressors

Used Autobrakes / Sheet Metal Folders


Used Bar Folders

Used Sheet Metal Brakes

Used Cheek Benders

Used Cleat Benders / Cleat Folders

Used Clincher / Fasteners

Used Coil Lines

Used Crimping / Beading / Rotary Machine

Used Drill Press

Used Duct Beading Machine

Used Duct Insulation Liner Cutters

Used Flangers / Flanging Machines

Used Gorelockers / Elbow Machines

Used Grinders

Used HVAC Accessories

Used HVAC Duct Insulation Pin Spotters

Used Ironworkers

Used Laser Cutting Machines

Used Mechanical Piping Equipment

Used Notching Machines

Used Pittsburgh Seamers

Used Plasma Cutting Machines

Used Press Brakes

Used Punching Machines

Used Sheet Metal Rolls

Used Roll Formers

Used Saws

Used Sheet Metal Shears

Used Sheet Metal Slitters

Used Spiral Machines

Used Welders

 

 

Tax Law

 

Always check with your accountant or financial advisor to verify tax or accounting issues and any tax benefits.

NEW! 2020 Tax Incentives for Manufacturing Companies


$1,040,000 WRITE-OFF
Section 179 Federal Income Tax Deduction: This deduction allows a company to deduct the first $1,040,000 of equipment (Section 179 Property) acquired in 2020 from their taxable income. For companies acquiring up to $2,590,000 of equipment, this deduction is available in full. It then phases out on a dollar-for-dollar basis for amounts over $2,590,000. Financing or leasing with a $1 buyout qualify.


100% BONUS DEPRECIATION!
In addition to the $1,040,000 write-off, companies can take 100% bonus depreciation on the adjusted basis of their qualified equipment acquired in 2020. This bonus depreciation is and good through 2022. Financing or leasing with a $1 buyout qualify.

STANDARD DEPRECIATION
In addition to the $1,040,000 write-off and bonus depreciation, companies may be eligible to deduct federal depreciation on the adjusted basis of their qualified equipment, state depreciation, local tax incentives and interest expenses. Financing or leasing with a $1 buyout qualify.

Always Check With Your Accountant To Confirm Eligibility For Tax Benefits.

*Tax laws are subject to change at any time and their application is highly dependent upon the unique facts and circumstances of any particular taxpayer. The information on this page is offered as general guidance and is not intended as specific legal, tax or accounting advice. These calculations are only estimates and everyone's tax situation is different.

 

 

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cincinnati precision machinery