DMX

President Bush signed into law today the Tax Stimulus Plan for 2008, backed by a rare bi-partisan support in the House and Senate.

Among other incentives, the bill provides businesses a greater opportunity to invest in new equipment, or to replace depreciated or outdated equipment for their businesses.  The tax code was ammended to state:

(Sec. 102) Increases in 2008: (1) the expensing allowance for depreciable business assets to $250,000; and (2) the maximum investment phase-out threshold for such expensing allowance to $800,000.

(Sec. 103) Increases to 50% (from 30%) the amount of the adjusted basis of certain depreciable property (e.g., equipment and computer software) that may be claimed as a deductible expense in 2008.

We at DMX stand ready to help you as a business to take advantage of the tax incentives and the new technologies that have recently begun to transform the computer and networking tools once again.

Please contact us today to get quotes and information on new equipment. 

Contact Us!