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Section 179 Explanation of Tax Deduction

In its informative article on the website, the company reviews the details and changes to the section 179 tax deduction for 2018. In particular, a deduction limit of more than $ 1 million will be discussed, this will exceed $ 500,000 in 2017. The list includes enterprise technologies such as network switches, laptops, desktops, and cloud-connected printers.

"Investing in revenue-generating technologies is a smart business decision that will be further enhanced by significant tax cuts through 2018, Entrepreneurs should absolutely use the tax deduction in section 179 of 2018."

Below are excerpts from the article "Section 179 Tax Deduction for Investment in Duplicating Technology in 2018".

"What if you could completely replace your network, your servers, your desktops, your laptops, your cybersecurity and your mobile devices in your 100-employee business, and if I could recover the total cost of investment this year? do, if you use the deduction from section 179. "

With the new $ 1,000,000 tax deduction on Section 179, you can now increase your productivity and save your data. "Yes, discover the latest technology while benefiting from substantial tax savings."

Get immediate tax benefits

"This is great news for entrepreneurs and entrepreneurs!" In Section 179, when you purchase physical assets, including technology, you can cancel the total value of the investment, take advantage of the immediate benefits of your purchase, and gain expertise to invest in income-generating technologies. gain a competitive advantage. "

"In short, you must buy or rent the equipment and technology you need and put the equipment into service before December 31, 2018. At the time of the tax, select section 179 Tax deduction for up to 1,000 This means you deduct the full value of the first year's items instead of spreading depreciation over the life of the items. "

Plan the growth of your business

A profitable investment in technology requires planning. The Technologies section 179 technology consultants are ready to help business leaders in their year-end purchases. In addition, they provide expert assistance to help decision makers prepare an investment strategy for 2019 technology.

The significant tax benefits of section 179 and the higher limits for 2018 allow businesses to grow faster, with leading companies investing tax savings in revenue-generating technologies.

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