One of our clients just alerted us to an end-of-year campaign opportunity.
It seems that, until the end of this year (2014), small business owners can deduct the entire cost of capital purchases, up to $500,000 in value.
This is an increase on the standard $25k limit. And it’s only available until year’s end.
If you sell high-dollar-value new or used equipment, you might be able to use this for an end-of-year sales blitz! If so, you’re welcome to grab and modify this pre-approach email template.
Just, let me know if you have any success with it.
For more information, go here: http://www.section179.org/
And Merry Christmas!
Gift from Congress: twelve days remain to blow a hole in your 2014 tax bill!
If you’re still thinking about upgrading your telephone system, I have, what might be, very good news.
It seems, due to the impenetrable machinations of our Congress, you can claim a 100% tax deduction on capital purchases up to $500,000 in value — but ONLY if you make the purchase by year’s end!
There are conditions, of course. And you can read about them here: http://www.section179.org/
I’ll give you a couple of hours to run this by your finance people, then I’ll give you a call to see if we can use this opportunity to reduce your tax bill (and to upgrade your office communications, of course!)