Are You Taking Advantage of Tax Section 179?
Businesses: Are You Taking Advantage of Tax Section 179?
Purchasing computer and surveillance equipment before the end of 2015 may provide tax advantages to your company. Call us today for all your technology needs.
Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179), allows a taxpayer to elect to deduct the cost of certain types of asset purchases on their income taxes as an expense, rather than requiring the cost of the property to be capitalized and depreciated.
Use the 2015 Section 179 Calculator, courtesy of Crest Capital, to see how much the tax deduction can already save your company.
As of this posting, you have 38 days to take advantage of Section 179 until the deadline on December 31, 2015. Make sure you take advantage of Tax Section 179 on all of your equipment and property purchases before the year ends!
Read more about Tax Section 179 here at the free resource site. It answers questions related to the Section 179 Tax Deduction and explains the impact various Stimulus Acts have on Section 179.
Saalex Information Technology LLC does not provide tax advice. Please check with your Certified Public Accountant to see if making an asset purchase before year end will create a tax advantage for your company.
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