Fatten up Your Deductions with Section 179

Fatten up Your Deductions with Section 179

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This is like a fire sale on Black Friday! Don’t miss this final opportunity to take advantage of Section 179 in the 2019 tax year. Rumor has it that this benefit will never be available again.

What is Section 179?

It is a tax code that allows businesses to deduct the full purchase price of qualifying equipment and software bought or financed during the tax year. Meaning, if you’re buying or leasing new computers, replacing old network equipment, or even upgrading your software, you may be able to deduct the FULL purchase price from your gross income.

How do I know what qualifies?

That is a great question. Basically, anything you would use as an asset for your business 50% or more of the time and that is put into use in 2019 can be claimed in the 2019 tax year. In some cases, business owners are even finding that they are able to lease equipment and their tax savings actually exceeds their payments.

What about the bonus depreciation?

The TCJA, Tax Cuts and Jobs Act of 2017, pushed the deduction limits up to 1 million for standard expense deductions and 2.5 million for phase-out limits. This bonus depreciation extended through 2026. What are your waiting for?

Fatten your deductions… don’t hesitate.

We are in the final months of the year and our schedule is filling up fast. If you’re looking to take full advantage of this great tax break, give us a call today. We can help walk you through a full network evaluation to determine the most beneficial purchases for your business.

What to look for in a network evaluation?

A network evaluation or network assessment, is a detailed report from a full analysis of your company’s existing IT infrastructure, overall performance, processes, security and general management. This type of review brings to light opportunities for improvement so you have a complete picture of your existing network and you can make informed decisions about the next steps to improve your business.

How can I get started?

Of course, this is where you would expect to see our sales pitch, right? No! We just want to be sure you have what you need to make the best choices for your business. So, we are offering a FREE Network Security Assessment to give you a jump start. Even if you’re not sure what is going on everywhere in your network, some equipment has started failing or software programs are sluggish, this assessment will help.

These assessments identify things

like; network performance issues that could be hanging up your software and killing productivity, security vulnerabilities that could leave your company open for an attack, and capacity or storage issues (even if they aren’t slowing you down now, they may soon.)

Mend your pain points before it’s too late.

Not only will your FREE Network Assessment help identify the most efficient way to invest in technology for your business, but this project could save you from a major breach too. Common results of a network assessment include things like insight into unsupported operating systems or expended support that may need more attention. Sometimes we reveal company computers or personal laptops that can access the shared client files without proper antivirus or password protocols in place. Other times, it is a network firewall left wide open for everyone to use.

Fatten up your deductions and save your company some money!

Give us a call today for your FREE Network Security Audit and we will carve out some time to dive in and explore your infrastructure.