If you are purchasing using SBA EIDL funds then you should know that the SBA Loan has language stressing buying American Made equipment. In fact, you may have to prove that no american products were available and this may affect future loan forgiveness. Thankfully' our Large Format 3D printers are fully American Made and shipped from California. Even if your loan is not partially forgiven, you have a second way to get credit towards this printer. That is by using the IRS R & D Tax Credit. This is not a Deduction--it is a credit...much more valuable. The credit is a little complicated to calculate but it can be used for wages of workers using our printer for your increased Research and Development and also for supplies. Additionally, Our 3D Printers save energy since we have optimized them for cold bed printing which is an additional category under this credit. This is no small savings in energy since the energy used to heat the bed is ten times the amount used to print an item. There are many accounting companies that now specialize and consult for these credits. See IRS Form 6765. Lastly you may be able to write off 100% of this 3D Printer as a capital expense instead of depreciating it over years of service.
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- Free Deltazilla Large Format 3D Printer? EIDL Assistance and IRS R&D Tax Credit
- WOW--ZillaGrip Bed Coating for cold 3D Printing has been developed for printing of PLA, ABS, PETG, NYLON, PC, PP, and POM
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Free Deltazilla Large Format 3D Printer? EIDL Assistance and IRS R&D Tax Credit
Posted by Zilla3d on 6/18/2020
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