Get A New Lease on AV Life With Section 179

Advanced Sound & Communication provides audio, video, lighting, security, and financial solutions to pay for them and save capital. Section 179 of the IRS Tax Code is an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves. An equipment lease is the best way to get what you need while saving capital.

Section 179 allows a business to deduct the total purchase price of financed or leased equipment and off-the-shelf software that qualifies for the deduction. The deduction limit is $1,080,000 for new and used equipment, with a spending cap on equipment purchases of $2,700,000 and a bonus depreciation of 100%. There are additional bonus depreciation allowances of up to 100% for qualifying equipment.

The equipment purchased, financed, or leased must be within the specified dollar limits of Section 179, and the equipment must be placed into service in the same tax year that the deduction is being taken. The equipment must be put into service between January 1st and December 31st of the year the deduction is to be taken. The IRS does not plan to waive the “put into service” requirement because of supply and demand issues. Therefore, projects should be ordered as soon as possible to ensure delivery in 2023.

We have great news for you if you are considering more than an audio, video, lighting, or security upgrade. Section 179 includes all types of business equipment, off-the-shelf software, and commercial vehicles. Our leasing partners will provide one lease for all. There are requirements, so contact us for details.

Leasing provides the daily usage of the equipment you need today with affordable monthly payments and tax deduction benefits. You can keep your capital in your business. You own the equipment without the financial hit on the front side.

Contact us for more information:

Brent Handy, CTS: 816-564-7281. brent@advancedsoundkc.com

2023, The Year For Baby Steps.

We ended December with a very different reality than expected in January. Economists and manufacturers give us some certainty for 2023. It will be slightly better than in 2022 and exponentially better than in 2020 when little Milo was born. We have already seen an improvement in order fulfillment over December 2021. As with all things in our personal and professional lives, we must remain aware of the situation, plan accordingly, and live in grace when ETAs come and go multiple times throughout the year. It is what it is for the foreseeable future. New manufacturer price lists for 2023 reflect higher dealer costs, discontinuation, replacements with new components, and slow deliveries.

The tech industry is being forced to make changes. Changes in manufacturing locations, facilities, staffing, components, firmware, and shipping will take time to implement and perfect. As with all things tech-based and man-made, there will be issues. What is essential is how problems are addressed and how quickly the manufacturers and the service providers solve them.

Advanced Sound & Communication sells only the best and most reputable brands, favoring those based and manufacturing in the USA. You can start 2023 with an experienced, respected, talented team helping you navigate the uncertainty of your audio, video, lighting, security, and control system replacement, training, and service needs. Our manufacturers have local representation and service departments with factory-trained technicians. When you have a problem, we will address it and resolve it as soon as possible. When the name of our company, Advanced Sound & Communication, was chosen, “sound” represented all things related to sound systems, and “communication” described phone and video conferencing. There was a time when companies like ours were very specialized and only did one thing. Technology, users, and expectations have changed. We aren’t limited to any one thing. We provide all things related to audio, video, lighting, security, and control systems. If you have a need, any need at all, small or monstrous, contact us. You don’t even have to ask, “Do you do X?”. The answer is probably, “Yes!” Milo is now three. He won’t answer the phone or reply to emails. But he will show you his cars, trucks, trains, and his new little sister on Messenger. He loves Messenger.