Tax Deduction of Full Purchase Price of Software
Are you familiar with the new IRS Tax Code Section 179? It enables your business to fully expense certain depreciable business assets, including software, in the 2009 year. Typically, this would be spread across several tax years as depreciation, with a portion of the cost deducted each year. But Section 179 allows you to immediately receive these income tax benefits in one tax year. And the maximum deduction has just been raised to $250,000 by the recent Economic Stimulus Package.
That means that if you buy software before the end of the year, you can deduct the FULL PURCHASE PRICE, up to $250,000. Anything beyond that qualifies for a bonus 50% depreciation in addition to normal depreciation. This is the perfect opportunity to upgrade! The world's newest and finest software programs await you at SoftwareMedia.com:
Click here for Official Details and Limitations of Section 179
Click here for a Free Section 179 Deduction Calculator












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