Section 179 and Software Purchasing
As we near the end of 2022, we know that businesses everywhere are making their final purchase decisions for the year and finalizing budgets for next year. We gathered some information on Section 179 of the IRS tax code, which allows businesses to make deductions of the full purchase price on items such as equipment or software. It is our goal to educate our newest customers and anyone who will sign by the end of the year on this tax incentive so you can take full advantage. We do recommend however, that you speak to your accountant for the specifics of your situation.