Oasis CRM

Section 179 ~ Revisited

One of the pieces that we rolled out on the blog was about Section 179.  It just so happens that Section 179 has been re-enacted and this will assist businesses who are looking to make an investment this year (2009) in technology to minimize their tax exposure.  The IRS has recently approved an increase in the amount that Section 179 will cover and an extension to cover this year (2009).

This approval will now allow our customers the ability to deduct the full cost of their business equipment, up to $250,000* a year, through 2009! This accelerated depreciation program will insure that business owners a maximizing their deductions while also improving productivity through technology.

For example, let’s say that Company ABC wishes to purchase a 10 User License Oasis CRM’s On Premise:

Software $5,950
Tax Rate 38%
Tax Savings $2,219

Oasis CRM does recommend that you consult your QuickBooks Pro Advisor/CPA before making any purchases to insure you understanding all the requirements and benefits of the Section 179 offering.

Should you have questions in regards to this, please do not hesitate to contact your Account Manager or Sales Representative @ (866) 566-9842.

*All potential clients should consult their tax advisor or accountant for additional information.