Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased during the tax year. This means that if you buy any qualifying OPUS-ISM hardware or software before the end of the year, you can deduct the full purchase price from your 2011 gross income. It’s an incentive created by the U.S. Government to encourage businesses to buy equipment and invest in themselves.
Under the Tax Relief Act of 2010, Bonus Depreciation now allows a business to depreciate 100% of qualifying equipment for the 2011 tax year! Bonus depreciation can even be applied by businesses that post a net loss for 2011, making it a terrific benefit for newly-opened stores.
The Right Time to Buy
Due to the increased Section 179 limits under the Jobs Act of 2010, and the recently enacted 100% Bonus Depreciation under the Tax Relief Act of 2010, you can essentially write-off all the equipment and software your pharmacy needs to buy this year!* If you have been waiting for the right time to purchase software or equipment, this is it!
Qualifying OPUS-ISM Products
The following are just some of the OPUS-ISM products that qualify for these valuable deductions:
• IVR Systems – Refill TeleManager
• Point-Of-Sale Systems
• Server Upgrades
• Signature Capture
Contact our Sales Team to learn more!
* Certain conditions and restrictions apply. Consult with your tax professional for complete details.