How about a Tax break? It’s important to find those little wins! If you haven’t already taken advantage of the Section 179 Business Investment Tax Deduction, it’s a good time to consider making that year-end purchase to take full advantage while getting some best-in-class solutions from Stenograph. Our professional writers, like the market leading Luminex II, and CATalyst transcription software are both qualifying products.
Depending on your individual situation, your tax bracket could be as much as 37% (highest current individual rate) for Sole Proprietors or pass-throughs, or 21% for companies operating as C corporations. Using the Section 179 tax deduction could result in significant annual tax savings, effectively reducing the cost of the equipment or software.
Warm wishes for the holiday season and cheers to finishing 2023 strong!