You Could Save Hundreds of Thousands of Dollars on Technology This Tax Year, But Only if You Act Now
It’s official! The U.S. Senate passed the extension to Section 179 of the IRS tax code, and President Obama signed it into law as of December 19th. That means your business needs to act right now in order to potentially save up to $500,000 on your taxes for 2014.
You can read more about the benefits of the Section 179 tax deductions here, but essentially this allows businesses like yours to deduct the full purchase price of qualifying equipment or software that was either purchased or financed during the tax year, whether you paid in cash or financed the sale, and whether the equipment is new or used.
Moreover, the total amount that a business can write off for 2014 has been increased from $25,000 to a whopping $500,000! That’s retroactive back to the beginning of this year, January 1, 2014.
BUT (and of course, there’s always a but): this enhancement will expire on December 31, 2014. It has only been approved for this year, so you only have the next two weeks to act.
At CSP, Inc, we are dedicated to making your technology provide the best possible value for your business, whether that’s in improved productivity and efficiency from streamlined IT services and support, or in strategy and guidance on taking advantage of innovative IT solutions and opportunities like this. To find out more about how we can improve your technology experience in Raleigh, contact us today at (919) 424-2000 or firstname.lastname@example.org.
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Anthony Firth Client Engineer
“I’m passionate about building and fostering relationships, and finding solutions for success.”
Michael Koenig Client Account Manager
“I help clients stabilize and grow their IT infrastructure so they can focus on growing their core business.”
Josh Wilshire Systems Engineer Team Lead
“I strive to provide the highest level of quality service to our customers.”
Tommy Williams Sr. Hardware Engineer
“I’m driven by the steadfast belief that technology must serve as a business enabler. This mantra has driven 21
Years of successful partnerships.”
Stephen Riddick VP Sales & Marketing
“CSP doesn’t succeed unless your company succeeds.”
Stephen Allen Inventory Manager
“Through my intuition and genuine concern to help others I have built long-lasting relationships with our customers, co-workers and business partners.”
Scott Forbes VP Support Services
“Every day, I work with clients to help plan the future of their businesses.”
Michael Bowman vCIO
“Your IT problems become our IT solutions.”
Mark McLemore Project Engineer
“Managing internal and external operations to ensure that CSP provides quality and reliable customer service .”
Margie Figueroa Business Manager
“Providing quality internal and externals financial support to our customers and accounting support to CSP.”
Katie Steiglitz Accounting Administrator
“Some call me the CEO. I call myself the Cheerleader for an awesome team!”
William B. Riddick Founder & CEO
“CSP is here to assist you with your IT needs.”
Beth Wylie Inside Sales Manager
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