Saturday, March 21, 2009

Technology Tax Breaks

Small business owners are constantly looking for ways to cut costs and increase productivity within their operations. Recently I was able to speak first hand with a group of small business owners at a networking event regarding how the new American recovery and Reinvestment Act would affect their businesses. One of the major changes within the Act was the changes to bonus depreciation and Code Section 179 depreciation (expensing) that will allow small business owners to deduct more of the costs associated with certain asset purchases. One common asset purchases for small businesses are computers and other technology equipment. Computers play an important role in the operation of a small business and a small business owner needs to know all the facts before purchasing a new system.

Those small business owners that are interested in purchasing a laptop, SB360 have developed a free training webcast on how to select the best laptop computer for your small business needs. The webcast will provide a small business owner with information on the different types of laptops available, how to evaluate the differences between laptop components, and your small business needs.

The webcast is a great way to get all the facts about laptops before you buy to ensure that the system that is purchased is the right one for your small business needs. After you have selected the model, be sure to speak to your tax advisor to carefully plan your depreciation deduction.

Technology Keeping Your Business N Synergy

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