Section 179 Guidelines
If you’ve been considering a tech refresh to keep up with the new normal of hybrid & remote teams – new laptops for work-from-home employees, upgrading your conference room, or a thermal screening solution for the office – now is the time to take advantage of tax cash flow savings.
Thanks to Internal Revenue Code Section 179, businesses can deduct up to $1 million in qualifying purchases from their 2020 income. If you’re not familiar with the Section 179 deduction, the guidelines are pretty straightforward:
Prepare Your Business For Another Successful Year
Make the most of the Section 179 deduction with technology that can help move your business forward in 2021. Below we explore the top three technology investments to consider.