Archive for October 11th, 2010

Buy computer software now, reap technological & financial benefits now

October 11th, 2010

Last week, President Obama signed into effect a bill with the potential to impact many businesses. The act, titled Small Business Jobs Act of 2010, provides purchase incentives and tax breaks for businesses that purchase “qualified real property” in 2010, among other tax changes. Don’t be misled by the name of this act as the advantages are open to small and large businesses alike. This bill extended the 50% bonus depreciation provision that was in effect for 2008 and 2009, providing tax write-offs for qualifying property purchases made and placed in service during 2010. » Read more: Buy computer software now, reap technological & financial benefits now

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