IRS 2008 Tax Incentives for Software Purchases
November 21st, 2008 by Paula NolteAs Part of the Economic Stimulus Package
1. If you upgrade your current software application before December 31, 2008 you may be able to write off the entire investment in 2008.
2. The amount deductible under Code Sec. 179 for 2008 is now $250,000 and the threshold for reducing the deduction is increased to $800,000.
With our HRMG 15% reduction plus this tax incentives, now is the time to seriously consider adding to your Sage Abra software and getting an immediate tax write off. This is a definite win-win for your organization.
