TouchPoint Networks Helps Businesses Deduct Up to 1 Million Dollars on Qualifying Equipment Expenses
October 14th, 2020 by admin
TouchPoint Networks a leading managed technology services provider (MTSP), announced today that it is helping customers take advantage of a substantial tax deduction, outlined by guidance issued from the IRS, also known as Section 179. Section 179 allows businesses to completely deduct the purchase price of qualifying equipment and/or software purchased or leased during the 2020 tax year. However, the technology or equipment must be operational by the end of the calendar year, December 31, 2020, and with the deadline fastapproaching businesses must leverage its benefits quickly…
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