Order Now to Leverage Section 179 2021 Tax Deduction for Small Business Technology Investment

With 2021 going out surprisingly strong, owners of expanding businesses welcome the news of generous year-end tax deductions. With Section 179 2021 offering significant tax relief, small businesses can end the year with an investment in modernized technology to continue the growth in 2022. But, due to potential supply chain shortages, you should order now to complete the transaction before year end. Section 179 2021 Increased Deduction Limits The Tax Cuts and Jobs Act, which took effect in 2018, introduced some eye-popping adjustments to Section 179. Combined with bonus depreciation, they put more money into your business investment budget. These…

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Section 179 2020 Tax Deduction for Small Business Technology Investment

With 2020 going out with a bang (or more accurately, a spike), business owners welcome the great news of increased year-end tax deductions. With Section 179 2020 offering significant tax relief, small businesses can end the year on a high note with upgraded technology to make 2021 a great recovery year. Large Deduction Brings Small Business Benefits The Tax Cuts and Jobs Act, which took effect in 2018, introduced some eye-popping adjustments to Section 179. Combined with bonus depreciation, they put more money into your business investment budget. These changes include the following: Deduction limit doubled – For new and…

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2016 Section 179 Tax Deduction Opens the Door to Substantial Technology Investment

This year 2016, 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…

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Net a Sizeable Tax Deduction with Year-end Technology Purchases

Small businesses deduct the full value of computers and software purchased in 2015 up to $25,000 using section 179 Almost every small business needs PCs, servers, printers, network gear, data security hardware or software. Retailers in particular may require EMV compatible POS equipment this year in order to implement the new EMV chip card standards. Fortunately, Section 179 of the tax code lets small businesses write off the entire cost of computer equipment and off-the-shelf software purchased and put in use before December 31, 2015. Small Business Technology Savings Intended specifically for small businesses, the Section 179 tax deduction can…

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Year-end Technology Purchases Can Yield a Hefty Tax Deduction

Small businesses use section 179 to deduct the full value of computers and software purchased in 2014, up to $25,000 Almost every small business needs PCs, servers, printers, network gear, data security hardware or software. Fortunately, Section 179 of the tax code lets small businesses write off the entire cost of computer equipment and off-the-shelf software purchased and put in use before December 31, 2014.   Small Business Technology Savings Intended specifically for small businesses, the Section 179 deduction can have the effect of reducing the cost of technology purchased by as much as $25,000. In addition, special offers may…

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