Horizontal Boring Mills

Horizontal Boring Mills - From Manual to CNC


Horizontal Machining Centers

Horizontal Machining Centers - Haas, Mazak, Niigata, Mori-Seiki, Makino, Daewoo, Doosan, Okuma Just To Name a Few. We have the HMC you are looking for


Manual and CNC Lathes

Manual and CNC Lathe - From two (2) axis standard lathes to eight (8) axis highly complex turning operations. We have the right Lathe for your needs.


Vertical Machining Centers

We have the right VMC to meet your demanding production needs. From standard VMC's to multi axis multi spindle machines. Bed Mill to Gantry Mills Machine Tools 24/7 has you covered.


Vertical Boring Mills

Vertical Boring Mills of all shapes and sizes to get your work done. CNC or Manuals look to Machine Tools 24/7 to fill your VTL Needs


Tax Code 179 Benefits of a Straight Machine Tool Purchase or Lease with $1.00 and $101 Purchase Option

Take advantage of Tax Code Section 179 and expense up to the amount allowed for the year the equipment is installed, 2012.

1.  Section 179 Federal Income Tax Deduction: This deduction allows a company to deduct the first $139,000 of equipment (Section 179 Property) purchased in 2012 from their taxable income. For companies purchasing (or leasing with a $1.00 buyout lease) up to $560,000 of equipment in 2012, this deduction is available in full. It then phases out on a dollar for dollar basis for amounts over $560,000. $1 and $101 buyout leases qualify!

2.   Additionally, companies can take 50% bonus depreciation on the adjusted basis of their qualified equipment purchased in 2012. Equipment must be purchased and placed into service on or before December 31, 2012. Companies may be eligible for standard depreciation, plus state or local tax incentives.

Taxes go up in 2013!

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (H.R. 4853) was passed by the United States Congress on December 16, 2010 and signed into law by the President on December 17, 2010. For investments in machinery placed in service after September 8, 2010 and through December 31, 2011, the bill provides for 100% bonus depreciation. For machinery investments placed in service after December 31, 2011 and through December 31, 2012, the bill provides for 50% bonus depreciation   ****Always check with your accountant to confirm your eligibility for tax benefits.

For further detail, contact your tax advisor or visit http://www.irs.gov

Quick Machine Tool Links

Used Mazak Machines - Click Here

Used Mori-Seiki Machines - Click Here

Used Haas Machines - Click Here

Used Okuma Machines - Click Here

Used Makino Machines - Click Here

Used Daewoo Machines - Click Here

Used Doosan Machines - Click Here

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Machine Tools 24/7
Phone - 352-799-8398
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