Need a Fire/Intrusion Alarm, IP Camera or Access Control System?
Install equipment before December 31, 2021 to take advantage of Section 179 - 2021 Tax Incentive Fire Life Safety Equipment is not optional in commercial use and multi-family residential building projects. If budgets are tight, Section 179 of the 2021 Tax Incentive can help businesses to save some money for required equipment expenditures. Our bank of choice, Ascentium Capital, explains how... Tax provisions accelerate depreciation on qualifying business equipment, office furniture, technology, software and other business items. Qualifying businesses may deduct a significant portion, up to $1,050,000 in 2021 (to be adjusted for inflation in future years). There is a dollar-for-dollar phase out for purchases over $2.62 million. Additionally, for 2021 bonus depreciation remains at 100% on qualifying assets. Consequently, Section 179 may help bolster your bottom line, enabling you…