Act now
Buy new hardware by December 31 & enjoy this little-known business tax relief
Executive summary:
- Hidden government benefit: There’s a little known tax relief called Section 179. Where you can write off the entire spend on new IT hardware in this tax year (rather than depreciate over a few years)
- The clause: To qualify you must make the purchase and put it into service by the end of the day on December 31.
- The urgency: Hardware supplies can be unreliable at this time of year. The earlier you order, the less risk of missing out on your benefit.
Have you heard of Section 179?
It’s part of the IRS tax code that’s aimed at helping small businesses, just like yours.
When you buy new equipment or some software you can deduct the full purchase price from your gross income this year, rather than depreciate it over a few years.
It was designed to encourage you to invest in your business. And it’s a generous relief… you can write off up to $1,160,000 in this tax year.
There’s a comprehensive guide with illustrations, and information you can run by your CPA here.
If you want new computers, technology, or software, you need to act TODAY
The one clause is that you must have purchased the equipment or software and put it into service by the end of the day on December 31.
Hardware supplies can be unreliable at this time of year. The earlier you order, the less risk of missing out on your benefit.
You really should invest now in anything you think you’ll need in 2024.
This is serious! It needs urgent action if you want new technology in time to benefit from the tax relief.
I have a team on standby to help you
Unlike most IT support companies, we know all about Section 179, and how important it is to act now. We’ve been getting ready for this for months.
Here’s how to talk to us.
- Call us now on (361) 420-TECH (8324) to tell us what you need
- Email [email protected]
- Or book a 15 minute video call at a time that suits you. Here’s our live calendar:
Questions: [email protected]
