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2016 Section 179 Tax Deduction Opens the Door to Substantial Technology Investment | |
by Cloud Services New York City | |
This year, small and mid-size businesses deduct up to 20X more in computers and software purchased using a much larger section 179 tax deduction If you have been putting off a substantial computer systems upgrade, 2016 is an excellent year to move forward. Yes, this is the year to begin enjoying the full benefits of modern technology. Because, the break you have been waiting for is here in the form of a greatly expanded Section 179 tax deduction. The “Protecting Americans from Tax Hikes Act of 2015” (PATH Act) became law on December, 18, 2015. The bill increased the Section 179 deduction limit from $25,000 to $500,000 a 20-fold increase. Although the boost to $500,000 was made retroactive to 2015, it came too late in the year to plan major technology purchases. Section 179 Tax BreakAs it now stands, Section 179 will remain at the $500,000 level permanently. And, the spending cap where the Section 179 deduction will phase out dollar-for-dollar, has been increased from $200,000 to $2 million. Additionally, future Section 179 caps will be indexed to inflation in increments of $10,000.Read more → |
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Looking for web design and development services? You don’t have to look any further. eMazzanti Technologies has some very exciting news coming soon.
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Bryan Antepara: IT Specialist
Bryan Antepara is a leader in Cloud engagements with a demonstrated history of digital transformation of business processes with the user of Microsoft Technologies powered by the team of eMazzanti Technologies engineers.
Bryan has a strong experience working with Office 365 cloud solutions, Business Process, Internet Information Services (IIS), Microsoft Office Suite, Exchange Online, SharePoint Online, and Customer Service.
He has the ability to handle the complexity of moving data in and out of containers and cloud sessions, makes him the perfect candidate to help organizations large and small migrate to new and more efficient platforms. Bryan is a graduate of the University of South Florida and is Microsoft Certification holder.