Deduct the Cost of New Equipment or Software Purchased by December 31st

Submitted by Anonymous (not verified) on Wed, 12/02/2015 - 13:22

Section 179 is a tax code designed to help businesses acquire the equipment they need to run efficiently. By allowing businesses to deduct the full amount of the purchase price of equipment (up to certain limits), Section 179 is a fantastic incentive for businesses to purchase, finance or lease equipment this year.

The 2015 deduction limit is $25,000, and the spending cap is $200,000. This deduction is available for equipment and software purchased and placed into service by Dec. 31 of each tax year.

For example, if a company purchases new equipment for a total of $8,000. The entire amount is deductible, and the lowered cost of the equipment less the tax savings is $5,200. The cash savings on this amount is $2,800, based upon an assumption of a 35 percent tax bracket.

Get Google Apps for Education Free!

Submitted by Anonymous (not verified) on Wed, 07/11/2012 - 14:13

With budget cuts around nearly every corner, South Florida schools are feeling the pressure to make every dollar count. One way schools can save is by migrating to Google Apps for Education.

Google Apps for Education is a hosted communication and collaboration solution that includes: Gmail, Google Calendar, Google Talk, Google Docs, Google Sites, and Google Video for Education.

Upgrading to Google Apps for Education saves schools money by eliminating the need to maintain internal servers, software licences, and upgrades. Best of all, it's free for students, faculty, and staff at qualifying educational institutions.

Find out more about Google Apps, or contact us to learn how Google Apps for Education can help your South Florida school.

What Paperless Document Management Can Do For You

Submitted by Anonymous (not verified) on Tue, 12/13/2011 - 14:20

The term document management has been co-opted by so many different technologies and industries that it’s difficult to determine exactly what it means. Some businesses offer document management in the form of physical file storage facilities, while others use the term to describe paper shredding. When we at Halsey & Griffith speak of document management, we are primarily referring to technology developed to scan and organize your paper archives and remove the physical paper from your company’s processes.

The cost of these sorts of “paperless” solutions have come down drastically in the last decade, even as the technologies themselves have become more powerful. The conveniences and efficiencies afforded by document management technology have never been more attainable for small and mid-sized businesses. And the business scenarios that can benefit from converting to a paperless environment are varied and many.

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