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End of the Year: Time for Small Business Owners to Consider Getting that new Computer Gear, etc

THE FOLLOWING IS NOT TAX ADVICE; CONSULT YOUR TAX ADVISOR. See also Section 179.org.

It’s the end of the year, and now is the time for small business owners to consider making needed capital expenditures in order to deduct them this year.

From Section 179.org (see additional details there):

2015 Deduction Limit = $500,000 — This deduction is good on new and used equipment, as well as off-the-shelf software. This limit is only good for 2015, and the equipment must be financed/purchased and put into service by the end of the day, 12/31/2015.

Lloyd can help via consulting advice in choosing a computer system and peripherals and/or in selecting a professional photographic system: don’t overspend and get just the right gear for your own actual needs.

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