Section 179 Tax Deduction for ShoreTel/Mitel End of Life
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Section 179 of the Internal Revenue Code encourages small businesses to invest in their growth by providing accelerated depreciation and tax deductions on qualifying business purchases.
All businesses that finance equipment during tax year 2023 may be eligible to deduct the full purchase price from their pre-tax income.
Up to $1,160,000 of qualifying equipment may be written-off on your 2023 tax return.
To qualify for the Section 179 Deduction, the equipment must be put into use between January 1,2023 and December 31, 2023.
Phone Systems Included Under Section 179 Plus TWO MONTHS FREE!
Fonesoft has partnered with Sangoma Technologies, the company behind the world’s largest Open-Source telephony project Asterisk, and we are pleased to offer you an exclusive promotion of your first 2 months of a Sangoma Cloud service for FREE, when you migrate away from your Sunsetting/Decommissioning Mitel/ShoreTel phone system.