Cannot decide between 1U servers for growing company
-
@ntoxicator - On Friday the President signed into law a bill that allows small businesses to deduct up to $500,000 of computer/software solution purchases on their 2015 tax returns for purchases made before the end of the year. Previously they would have only been able to deduct a total of $25,000 of these types of purchases in 2015 and would have had to spread the rest of the deduction over the useful life of each asset. This law now allows them to enjoy the entire tax benefit right away!
Said another way, if a tax-paying SMB customer purchases a Scale solution before 12/31, they will be able to deduct the entire expense from their 2015 income. This means they will realize significant cash savings for 2015 by buying now. A $50,000 purchase now only really costs $32,500 because of the cash saved on taxes.
Example
Scale purchase: $50,000
Estimated tax rate: 35%
Tax savings: $17,500
Net 2015 cash impact: $32,500 -
Wow - when they have done things like this in the past, it only counted if the solution was in place and functional (at least partially) in order to qualify.
-
Pinging this one again to see if there has been any further progress? We'd all like to know how the project is going.
-
Another year, another ping.
-
Hi Scott -thanks for the follow-up. I've moved on from that company; hence my absence. Moved back to Upstate NY area.
-
@ntoxicator said in Cannot decide between 1U servers for growing company:
Hi Scott -thanks for the follow-up. I've moved on from that company; hence my absence. Moved back to Upstate NY area.
Ah, congrats I hope. Where in Upstate are you now?
