VirtualQube Helps SMBs Apply Section 179 to Benefit From Significant Tax Deduction on New or Used Technology

SEATTLE, Wash., November 5, 2015 (Newswire.com) - VirtualQube, a provider of managed IT services and a stable, secure and scalable cloud solution for small and medium businesses throughout the Greater Seattle area, announced today that the company is helping clients take advantage of a tax break for small to mid-sized businesses with Internal Revenue Code Section 179.

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and off-the-shelf software purchased or financed during the tax year. That means that if a business buys or leases a piece of qualifying equipment, it can deduct the full purchase price from its gross income. Essentially, it’s an incentive created by the U.S. government to encourage businesses to buy new equipment and invest in their companies.

"We are stunned to find out that many of our clients have not yet heard of Section 179. We may specialize in delivering technology solutions to our clients, but we treat them like partners. When we find something as powerful as this program, we have always considered it to be our duty to share this information."

Scott Gorcester, CEO

If businesses act by December 31, 2015, they can write-off the entire purchase price of qualifying business systems, hardware and software in the first year up to $25,000. While every transaction is different and tax professionals should be consulted on specific situations, the potential rewards of this program have nudged many businesses to invest in the technology they need to gain a competitive advantage for 2016.

“We are stunned to find out that many of our clients have not yet heard of Section 179,” said Scott Gorcester, CEO, VirtualQube. “We may specialize in delivering technology solutions to our clients, but we treat them like partners. When we find something as powerful as this program, we have always considered it to be our duty to share this information. Our goal is to introduce our clients to technology that not only enhances their productivity, but more importantly increases their bottom-line. That approach has contributed largely to our success over the years, and we plan on continuing to serve our clients in a proactive manner.”

To learn more about VirtualQube, request a complimentary Tax Break Consultation or sign up for a live webinar scheduled for November 19, 2105 about saving thousands on IT projects by reducing taxes, please visit www.virtualqube.com or call 425.939.2700.

About VirtualQube

VirtualQube is a managed IT service provider (MSP) based near Seattle, Washington. The MSP offers first-class IT support and consulting to small and medium businesses in many industries, including aviation, transportation and shipping. Some of the company’s IT services include increased security, data & backup recovery, cloud computing, email encryption, desktop management, network & server management, firewall management, IT consulting, IT strategy planning, server backups, desktop encryption, Virtual CIO, and more. For more information about VirtualQube and its IT business solutions, visit the company on the web at www.virtualqube.com. To learn more now, call 425.939.2700. Also, to get the latest industry news and trends, go to www.virtualqube.com/blog/.

Contact: Scott Gorcester | 425.939.2700 | www.virtualqube.com