If you’ve been considering a purchase of capital equipment or software, End of Year 2011 is the time to make your move. Known as the Section 179 deduction, most new and used equipment, including software, qualify for an immediate tax deduction. As opposed to taking smaller write offs on the equipment over several years. The maximum deduction has been raised to $500,000 for the remainder of the year.
You can elect to recover all or part of the cost of certain qualifying property, up to a limit, by deducting it in the year you place the property in service. This is the section 179 deduction. You can elect the section 179 deduction instead of recovering the cost by taking depreciation deductions.
Basically, purchasing new equipment between now and the end of 2011 will allow you to completely write off the purchase in April on your 2011 return. (Up to $500,000)
This is an excellent incentive for small business owners to purchase the capital equipment they need now! This deduction can also be used in conjunction with a lease. Contact Solid Technologies, Inc. for details regarding leasing.
Recently, Zcorporation’s 3D-Printing technology was featured on National Geographic. Quite an achievement for the Boston based technology firm. The video was sent to web and instantly went viral and has to date garnered 5 million viewers and counting! David Kaplan, Theoretical Physicist at John Hopkins University, hosted the episode of National Geographic entitled: Known Universe, the spin was that 3D printing can be invaluable in space for replication. This once seemingly a sci-fi concept that eluded scientists for decades is now possible with the Z450! Using the help of Zcorp’s Joe Titlow, a Z450 and a ZScanner, Kaplan developed a replication of a working wrench from a simple 3D scan. Kaplan was excited by the result, insisting that this was a giant leap forward in scientific and technological achievement. Anyone who sees this happen with their own eyes and fully understands the nature of this high end technology has the same reaction.
And since the video of this broadcast went viral, clearly the public took notice of the “wow” factor of 3D printing. The first time I saw a 3D printer in action I had the same reaction. This technology can create anything on a whim if implemented properly. Since the success of the video many news crews including, ABC, FOX, and Boston’s Channel 5 took notice and have had exclusive access to Zcorp studios. They too can vouch for its validity. Consequently, with any attention comes a healthy amount of skepticism. And thanks to social media there has been a recent frenzy of naysayers questioning the validity of National Geographic’s broadcast and the technology.
This past week, the video was swarmed with controversy, which can always be expected when an innovative idea enters the public eye for the first time. This is especially true when this idea goes viral, and is accessible to millions. Social networking has allowed for debate on the issue, and most of the viewers have had a positive reaction and have left some really wonderful feedback on Zcorp’s twitter, facebook wall, and YouTube. Any negative feedback at this point seems petty, and comes across as, lets face it, ignorant. In the end, all of this new attention to Zcorp technology just generates more discussion about the technology. People are now really talking about 3D Printing!
In my time as Marketing Coordinator and Technical Writer here at Solid Technologies*, I have seen this technology at work and I know that it is real. It is constantly being improved and developed and any issues that arise are quickly addressed by talented engineers. Those who have first hand knowledge comprehend that this technology is not a toy, but something that can be used to design, create, and innovate when the best minds have it at their disposal. 3D Printing and Scanning is currently breaking new ground in the education, architectural, construction, medical, entertainment, and design fields. I challenge anyone who believes otherwise to schedule a demonstration (888-762-8441) and let the technology speak for itself.
Title: ANSYS SpaceClaim for Additive Manufacturing and Rapid Prototyping
Date: Wednesday, June 8, 2011
Time: 1:00 PM – 1:30 PM EDT
After registering you will receive a confirmation email containing information about joining the Webinar.
On June 8th ANSYS SpaceClaim will be hosting a webinar that will address conventional opinion about additive manufacturing and rapid-prototyping. It is a common complaint among manufacturing engineers that traditional CAD is not only difficult to operate, but that it is also time-consuming, and not at all user-friendly. ANSYS SpaceClaim 3D Modeling software changes all of that. With ANSYS SpaceClaim, users have a suite of tools at their disposal that allow them to quickly edit, repair, resize, and modify prototype designs with ease. With ANSYS SpaceClaim it is now possible to find exact resolution for tessellation, split large parts into smaller print jobs, and solidify surface geometries. Come watch the webinar on June 8th to see how ANSYS SpaceClaim 3D modeling software is the fastest in the industry for engineering 3D prototypes.
System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server
Macintosh®-based attendees
Required: Mac OS® X 10.4.11 (Tiger®) or newer
