Many small/medium businesses are planning to take advantage of the increased deductions available on equipment purchases made in 2011. Sections 179 Tax Deductions have increased to $500,000 on equipment purchases of up to $2.0M. This equipment can include Macintosh computers, iPads, iPods, software purchases, volume licensed software, etc. The deductions also include provisions for leased […]
Tag Archives: Year End Tax Planning
As the end of the year approaches, we wanted to remind our clients and Mac friends that you might actually be able to make your end-of-year Macintosh computer purchases financially beneficial toward reducing your tax liability. Here is a detailed explanation of Section 179 (first-year depreciation allowance for equipment) and how to take advantage of […]