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Dear techVoice Member –
In these challenging economic times, did you know that two small, yet powerful tax incentives can help you sell more IT? Well, they can
Earlier this year, two new, BUT TEMPORARY tax provisions became law, making IT more affordable for you and your clients in 2008. These provisions are:
Increased Section 179 Expensing – For business putting under $800,000 of equipment (such as IT) into service in 2008, they’ll be able to deduct up to $250,000 – up from $125,000 – for their new investment.
50% Bonus Depreciation – Businesses that purchase new equipment in 2008 may deduct an additional 50 percent of the cost of these new purchases.
Please take a listen to CompTIA tax lobbyist, Lamar Whitman, explain these important benefits in the attached sound file.
We’d like to note that you should discuss these new tax law changes with your accountant before taking advantage of them. Of course, should you have any questions, you may also feel free to contact Lamar at your convenience (at 202-543-3003, ext 201).
Hope this is helpful,
Mike Wendy
Director – Grassroots
CompTIA
202-543-3003, ext 205
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