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Upgrade Your Business Equipment To Save On Taxes!

August 30, 2020 /


August 30, 2020

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What is Section 179?
Section 179 is a tax code that was enacted to help small businesses by allowing you deduct the full amount of your business equipment purchases in one year (instead of depreciating over a multi-year period). It’s a great incentive for you to purchase, finance or lease most types of general business equipment and off-the-shelf software in the calendar current year.How can Section 179 help you increase productivity?
If you and your team are struggling with old, slow IT equipment, you can purchase new equipment under Section 179 to save on taxes AND increase productivity. For example, an updated, faster server can save each user 15 minutes per day. In an organization with 20 users, this quickly adds up to 1,300 hours saved per year.
Use Section 179 to take a full deduction on IT equipment such as:

Servers

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Networking Equipment/Switches

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Firewalls

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Phone Systems

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Computers/Laptops

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Copiers/Printers/Scanners

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Battery Backups

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Off-the-Shelf Software

Drag a button, link, or anything else into the icon box to place it below the text. Lorem ipsum dolor sit amet elit.You have until December 31!
Section 179 only applies to purchases within the current calendar year, so if you would like to benefit from it, contact AllSafe IT to upgrade your business IT equipment before December 31!
This is not intended to be tax or legal advice. There are restrictions and limits to Section 179, so you should consult your tax professional for specific tax advice.

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Bones Ijeoma

Author since Oct 10, 2020
Bones Ijeoma is CEO and co-founder of AllSafe IT, and his mission is to make downtime obsolete. Bones received a BS in Computer Engineering from Cal State Long Beach and received an MBA in Entrepreneurship from USC Marshall School of Business. After finishing school and working for companies such as Marriott Hospitality, Dreamworks, and UCLA Medical Center, Bones realized there was a need for small businesses to have access to the same technology solutions that large corporations leverage.
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