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Alerting Customers About Section 179 Tax Advantage Deadline
Leading MTSP Reminds Business Owners to Reinvest Before December 31st VAN NUYS, CA – Gateway TelNet, a leading managed technology services provider (MTSP) is alerting local businesses about Internal Revenue Code (IRC) 179 and the deductions it affords any organization that wants to reinvest in its business before the end of the calendar year in 2021. Business owners can take advantage of the Section 179 deduction, which allows them to deduct up to $1,050,000 on qualifying business equipment such as technology and computer software, if they purchase or finance this new equipment and put it into service before December 31, 2021. The deduction is good until a company reaches $2.62 million in purchases for the year… |
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