How to Save BIG on your 2017 Corporate Taxes

How to Save BIG on your 2017 Corporate Taxes

When you’re running a small business, you need to stay abreast of every possible money-saving strategy. So if you’ve been putting off a substantial computer systems upgrade, now is an excellent time to reconsider. The “Protecting Americans from Tax Hikes Act of 2015” (PATH Act) became law on December 18, 2015, and increased the Section 179 deduction limit from $25,000 to $500,000 – a 20-fold increase.

How to Save BIG on Your Corporate Taxes

How to Save BIG on Your Corporate Taxes

At MIS Solutions we are not just your managed IT services provider -- we're your partner in business! And as your partner, we want to help you find ways to reduce costs and save money on your taxes.

On 12/18/15, the Federal Government made the Section 179 Deduction permanent so you can buy up to $500,000 in machinery, computers, software, office furniture, vehicles or other tangible goods and thereby REDUCE your taxable income on your current year’s tax return.