Take advantage of all the tax savings with section 179
On January 2, 2018, H.R.1 was signed into law. It revised several previous tax laws going forward.
With the passage and signing into H.R.1, the deduction limit for Section 179 increased to $1,000,000 for 2018 and beyond. In addition, the limit on equipment purchases was increased to $2.5 million.
What Is Section 179?
The IRS 179 Deduction was enacted to help small businesses like yours by allowing you to take a depreciation deduction for certain assets in one year, rather than depreciating them over a longer period of time.
It lets you take an outright deduction equal to the full purchase price of a qualifying piece of equipment. This means you can lessen your taxable income, and ultimately your tax burden.
When Is The Deadline For This Year?
Section 179 always expires at midnight, December 31st. To take advantage of Section 179 this year, you must buy (or lease/finance) your equipment, and put it into use, by midnight 12/31/2018.
Learn more about Section 179 and the benefit to Colorado Springs businesses.
13 tips the CCS staff put together to help you respond to meeting requests more effectively
Microsoft Outlook makes it easy. If you are in an email, then click on the Message tab and Reply With Meeting.
Then go ahead and update the invitation like you would any other meeting. Don’t forget about adding the attendees, time, location, then Send. It’s as simple as that. But wait! There’s more to meeting requests then reply and send.
What we’ve done is scoured our archives and brought you 13 quick tips most Outlook users want to know. Our list is not exhaustive. But what we’ve put together for you and your team are the most common meeting requests we hear, and we’d like to share them with you today and test them for yourself.
Check out our tips on responding to your next meeting request.
How to protect your children from identity theft
Depending on the age(s) of your child (ren), your response to this topic may be,
“She’s too young – she doesn’t even have an identity yet.”
Alas, not so. In our electronic society, kids exist in databases even before they’re born. And they are an attractive target for several kinds of bad actors on the dark web – those who want to exploit their names and other data for identity theft, such as opening credit card accounts, child pornographers looking for images that can be photoshopped, school bullies, and so on. Although this post focuses on identity theft, taking the steps described herein will also protect your children from other bad actors.
Learn how to protect your children from identity theft.
Should you ban laptops from meetings
Efficiency in the workplace is paramount to success. This concept is widely held across office environments everywhere.
But while technology plays an increasingly valuable role in the way the world does business, that’s not to say it doesn’t come with its own unique set of drawbacks.
Laptops and mobile devices are presenting problems within the workplace, particularly in regard to productivity.
In the workplace, screens often serve as barriers, and today’s businesses are tasked with coming up with new ways to minimize these technological distractions. One effective method? Banning laptops from meetings.
The research is clear: laptops and mobile devices are no good for productivity, especially when it comes to meetings. Banning laptops and mobile devices from meetings can boost both productivity and efficiency.
From reducing the amount of time it takes to conduct a meeting, to encouraging employees to be more present and engaged, banning laptops may be the next big trend in business.
Check out the CCS blog to learn if your company should ban laptops from meetings.
