Section 179 of the government tax code allows businesses to deduct the full purchase price of qualifying equipment purchased or financed during the tax year from their gross income. By financing an equipment and/or software purchase, clients can acquire and write off the full cost without paying the full amount during the 2016 tax year. This offers businesses an opportunity to maximize their purchasing power and get more done with less capital outlay.
, our friends at Lenovo Financial Services offer an example of the impact the potential savings can have for an organization. But of course, please consult your tax and accounting advisors to determine how you may benefit from this federal government incentive. Lenovo Financial Services and Innovative Business Systems does not offer or provide tax or accounting advice.
With Innovative since 2013, Tad Puckett
is a key component of our Blue team, providing support and project implementation services. Tad came to us with experience working in a contract position at a local community college providing IT support to faculty, staff, and students, and with ample prior customer service experience as a manager within a regional food retailer. Tad is CompTIA Security+ and Network+ certified, is a Microsoft Certified Professional (MCP) and a Microsoft Certified Solutions Associate (MCSA): Windows 8, is an Apple Certified Associate - Mac Integration 10.10, and holds an Associate of Science degree in IT Security from Springfield Technical Community College. When not at work, Tad loves spending time outdoors, landscaping, gardening, kayaking, swimming, and camping.
There's an app for that!
Innovative has launched the Innovative Business Systems app for mobile devices! Through our app, you can enter a service request, request a quote, contact the office, and more! Download our free app via the Apple AppStore for your iPhone or iPad, or through Google Play for your Android devices.