As a systems integration provider focused on developing business software solutions for the wholesale distribution industry, Maximum Computer Systems is making a smart move by teaming with accounting firm Margolin, Winer and Evens LLP (MWE) to help distributors better understand the impact recent changes to the Federal tax code will have on their businesses.
The two Long Island-based companies will co-host a lunch-and-learn on Wednesday, July 21, from 12 p.m. to 2 p.m. at Ruth’s Chris Steak House in Garden City. In light of recent tax legislation, planning is necessary to reduce federal income tax for distributors. Tax rates will be increasing starting in January 2011, therefore now is the time to take advantage of some key tax saving opportunities.
As one of the largest accounting and business advisory firms in the Northeast, MWE is well-qualified to offer advice in this area. And according to recent tweets by @MaximumComputer, Section 179 will also be discussed at this event. As part of the “Hiring Incentives to Restore Employment Act” of 2010 that extended the enhanced Section 179 deductions of 2008/2009 into 2010, businesses can now write-off up to $250,000 of qualified equipment and software during the 2010 tax year.
Seating is limited, so anyone who is interested in attending this event is asked to register as soon as possible.