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Act Now to Exploit Your End-of-Year Tech Tax Break

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Unlock massive savings on your 2025 taxes by acting now – use Section 179 to write off your technology investments while boosting business growth.

The clock is ticking for Washington DC region businesses to seize one of the most lucrative tax incentives available: the Section 179 deduction for 2025.

This provision allows you to immediately write off up to $2,500,000 in qualifying technology, equipment, vehicles, software, and office upgrades you purchase and put into service this year – rather than depreciating them over time.

Why Section 179 Matters to You

Section 179 isn’t just for tech giants. It’s a strategic edge for any organization aiming to modernize operations, upgrade infrastructure, or launch new projects. Keep more capital in your business, slash your tax bill, and accelerate growth. Let’s talk about upgrading your:

  • AI-enhanced Unified Communications
  • Cloud, Hybrid, and Premises Deployments
  • Wi-Fi Networks and Data Cabling
  • Business Continuity and Recovery

You can even finance purchases and still claim the full deduction, further supporting your cash flow.

Act Today for Maximum Savings

Don’t let the year-end rush or unexpected supply chain delays put your savings at risk. Plan your upgrades now, verify eligibility, and ensure your tech is installed and ready before the December 31 deadline. Get started with TCI today. (703) 321-3030 or info@tcicomm.com.

 

Act Now – Don’t Miss Your End-of-Year Technology Tax Break

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Time is running out to leverage your Section 179 deduction for 2024.

The Section 179 deduction is a great tool to maximize your company’s financial flexibility. A part of the IRS tax code, it allows businesses to deduct the full purchase price of qualifying equipment bought or financed during the tax year.

This tax incentive is designed to encourage businesses to invest in the technology and equipment they need to grow, while also reducing their tax liability.

The Section 179 deduction for 2024 is $1,220,000. The deduction includes both new and used qualified equipment. In addition, businesses can take advantage of 60% bonus depreciation on both new and used equipment for 2024.

The Section 179 deduction applies to both leased and purchased equipment and software. When you buy, you can deduct the total amount from your taxes. When you lease, you pay the monthly lease payments, but you still get to deduct the total purchase price from your taxes.

Whether you choose to purchase or lease, you’ll need to put the equipment/software into service by the end of the day on December 31, 2024. Remember to keep supply chain issues and delivery times in mind when making your Section 179 purchases for 2024.

Follow this link for more information about Section 179, including a Savings Calculator.

Then reach out to TCI to discuss technology solutions that can help your business get ahead. Contact us today at (703) 321-3030 or info@tcicomm.com.

 

Need New Technology? Calculate Your End-of-Year Section 179 Deduction for 2020

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Time is running out to leverage the Section 179 deduction for this year…

Section 179 of the federal tax code allows businesses to deduct the full purchase or lease price of new technology the first tax year – up to $1,040,000.

Yes, this deduction applies to both leased and purchased equipment. When you buy or lease, you can deduct the full amount on your taxes. When you lease, you pay the monthly lease payments and you still get to deduct the full purchase price on your taxes.

Whether you choose to purchase or lease, you’ll need to put the equipment/software into service by the end of the day December 31, 2020.

Follow this link for more information about Section 179, which includes a savings calculator. Click here.

Then reach out to TCI to discuss new solutions that can help your business get ahead. Contact us today at (703) 321-3030 or info@tcicomm.com.