Tax savings on label print MIS installs in 2016

Don’t miss out! You have until the end of December to install Label Traxx label print MIS and claim significant tax savings in the US.

Section 179 deduction

  • Section 179 deduction – eligible companies are entitled to deduct up to $500,000 as an expense when buying off-the-shelf MIS software in 2016

Bonus depreciation

  • 50% bonus depreciation for 2016 – businesses of all sizes will be able to depreciate 50% of the cost of the MIS software acquired and put into service in 2016

Your software system can be leased or purchased, but it must be in place by December 31, 2016. Speak to your CPA or tax professional to confirm your company’s position, then give us a call.