In today’s economy, some business owners feel they must push aside efforts to “go green” to ensure financial stability; however, making certain earth-friendly changes can actually save money. In an article by Kay Bell of The National Federation of Independent Business, she shares four tax breaks that reward eco-conscious actions such as purchasing energy-saving office equipment. In fact, companies that purchase “green” equipment save two ways according to Barbara Weltman, author of J.K. Lasser's Small Business Taxes 2008: Your Complete Guide to a Better Bottom Line:

“You’re saving on your energy costs because it takes less electricity to run things [and] you can use Section 179 to write off the equipment’s cost in one tax year rather than depreciating it over several…so if you place equipment in service and the amount purchased doesn’t exceed $800,000 you can claim up to $250,000 in costs” she says.

Another way to receive a tax break is to upgrade your building’s energy efficiency. According to the Energy Policy Act of 2005, business owners can deduct as much as $1.80 per square foot for commercial buildings that reach a 50 per-cent energy savings target. Incentives are also available for converting to solar power.

If your company would like to benefit from these specific tax breaks, Technology Team can help. We can provide an accurate asset management inventory before a move for efficiency in relocating and minimizing downtime. We can improve your office equipment organization after a move, rid you of old computer equipment through our new recycling service, and provide ongoing seat management service after the relocation. As always, Technology Team will create a move plan customized to your specific needs and will treat your sensitive information with the utmost care and confidentiality.

To learn about other tax breaks for “going green” with your business

Sherry

Sincerely
Sherry's Signature
President
Technology Team, LLC

P.S. If you have interest in this service, or feedback about this subject please  Let Me Know

Customer Focus

Moving data centers is tricky business and if a company chooses to relocate without the help of a professional they face several risks. For example, an article entitled “Moving the Data Center” on Processor.com tells of one company’s bad experience. This company decided not to use a vendor while moving a large, expensive unit and it fell off the back of a moving truck. To make things worse, the unit’s manufacturer voided the warranty since the company did not use a vendor and they lost their investment. The article also quotes Technology Team’s Executive VP Allen Spinner stressing the importance of doing a large relocation job right:

“Consider hiring a computer company consultant who can help you find a qualified mover.”

Luckily our clients do not have to worry about such risks because Technology Team plans, manages, and executes each relocation with the utmost care. Our client’s satisfaction is always our first priority.

Last month’s question: "How long does it take tin can to degrade?" must have been a little too hard, we had no correct answers.

Answer: The correct answer is 80-100 years. http://www.montgomeryco.com/news/25-5.html

Since last month’s question was a bit tricky, here is a question to soothe the noggin.

This month's question- What goes around the world but stays in a corner?

Submit the correct answer for a chance to win a Starbucks’s gift card! This month we are doubling the amount, so be sure to enter!

PREPARE AN EXHAUSTIVE INVENTORY

A detailed physical inventory of all data center equipment that will be moved and that will need to be replaced should be developed. Developing the inventory becomes a good starting point to document and track assets and the contracts associated with those assets prior to the actual data center move.

   


COMMUNITY NEWS

Mark your calendars now to attend Entrepreneur Expo on Wednesday, April 22, 2009.

Produced by the City of Fort Worth, and presented by the Fort Worth Business Assistance Center, this is the annual event for those wanting to start, buy or expand a business. If you have attended before, you know the benefits of this seminar. If you have not attended – this is the year to go!

Technology Team is proud to be represented in Expo this year as one of 10 EXPO-nential companies.

Click here to learn more about the power of the EXPO

 

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Thank You!

I hope you have enjoyed this month's issue. Please do stop by our office for a visit. We would love to hear about your company and how we can help you.

 
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