Thanks to a recently updated tax deduction, the Federal Government now allows you to buy up to $1,000,000 in machinery, computers, software, office furniture, vehicles, or other tangible goods and thereby REDUCING your taxable income on your current year’s tax return. If you need a network upgrade, you can not only get better deals on software and equipment, but you can also get the generous tax savings making this a double dip on saving money. You will have to act by December 31 to save on taxes, computer equipment, & support this year.
Section 179 allows taxpayers to deduct the cost of certain property as an expense when the property is placed in service. For tax years beginning after 2017, the TCJA increased the maximum Section 179 expense deduction from $500,000 to $1 million. The Section 179 deduction applies to tangible personal property such as machinery and equipment purchased for use in a trade or business, and if the taxpayer elects, qualified real property.
But to get the deduction and help your profits for tax year 2021 you have to act now. The eligible equipment must be purchased and put into service by midnight 12/31/2021. It is not enough to simply buy the equipment. Please keep supply chain issues and delivery times in mind when buying or using Section 179 Qualified Financing, as there are currently no plans to waive the “put into service” requirement.
Not only can Pearl Solutions Group help source and supply you with new equipment from leading technology brands like Lenovo, Toughbook, iPro, and more, we we want to help you save even more! If you partner with us by December 31, 2021, we will give away 2 FULL MONTHS of our Managed Services program absolutely FREE to new customers who upgrade their network infrastructure with us. All computer networks need regular ongoing maintenance to keep them running problem-free, and with our partnership, you’ll not only enjoy faster and more reliable service from your computer network, but you’ll gain incredible peace of mind knowing that your network and the data it holds is safe from loss, corruption, downtime, viruses, hackers, spyware, and a host of other problems.
No one wants to hand over one penny more to the government than is absolutely necessary and no one wants to pay MORE for services and products than they have to. We all work way too hard for that! That’s why I’m making this offer to you. As a fellow entrepreneur and business owner, I understand that it’s critical to keep every penny of profit that you can. This Is Absolutely The BEST Way To Save A Lot Of Money On IT Services And Support For 2021 and beyond, but you must act NOW. Inventory availability is limited and delivery times are longer than usual and you must have products on hand and in use by December 31st to qualify for the 2021 tax savings.
Contact me by phone at 636.949.8500, email at gregg.smith@pearlsolves.com, or get on my schedule so we can discuss exactly what type of upgrades and support you will need for 2022.
Yours in tax savings,
Gregg Smith
Pearl Solutions Group CEO
