New GOP Tax Gives Organizations More Money to Invest in Technology

Businesses Can Now Upgrade Their Tech-Infrastructure And Save Thousands Under New Business Tax Plan With Lower Tax Rate And Increased Deductions

December 29, 2017 – JourneyTEAM, a Microsoft Gold Partner, and top 20 Okta World-Wide cybersecurity partner is helping organizations take FULL advantage of the recent changes introduced by the GOP Tax Bill.  The new tax bill gives small, mid, and large organizations historic changes on business income taxes, as low as 20%, and deductions up to $1 million dollars, will help reshape the way business is done.

“This is GREAT NEWS for those companies looking to move forward with new or updating their technology,” said Tim Anderson, Business Development Director at JourneyTEAM. “Organizations need to evolve to stay competitive, and we’ve been helping all size of companies map-out their technology and save under the new tax bill.”

Business owners who have sole proprietorships, partnerships and companies structured for tax purposes as S corporations have significant tax breaks. Under the new GOP deal, they can deduct up to 20 percent of their business income.  C corporations, which include some small businesses and ALL of the Fortune 500 companies, will be taxed at a new rate of 21 percent, compared to the current range of 15 percent to 35 percent.

In addition, under Section 179 of the agreement, companies can write off many types of equipment and technology purchases up-front, rather than depreciate them over a period of years. Companies are now able to deduct $1 million in purchases, up from the current level of $510,000. 

Aggressive organizations are using the new tax bill to enhance systems such as their ERP, CRM, SharePoint, and Cloud and Cybersecurity strategies. Cloud solutions like Microsoft Office 365 or Dynamics 365 can also help greatly to enable the staff operate at peak proficiency in a streamlined work environment. Identity and Access Management strategies such as Azure AD. Moreover, Okta can help protect the client organizations from cybersecurity threats in a very effective manner.

For more information, please contact JourneyTEAM today at www.journeyteam.com. Set up a discussion with one of their Business Technology Consultants and put together a technology road-map for the future. 

ABOUT JOURNEYTEAM

JourneyTEAM has grown from a small software development shop into an award-winning, business technology consulting firm. They are a Microsoft Gold Certified Partner and Okta top 20 World-Wide partner serving the technology needs of large public and private organizations. JourneyTEAM’s expert level consultants dive deep into the dynamics of an organization and solve complex issues that improve a company’s sales, marketing, productivity, collaboration, accounting, and security. The company provides consulting and implementation services in Utah, Tennessee and other states, specifically for Microsoft Dynamics 365 and Office 365 solutions, including Microsoft Dynamics CRM, Microsoft Dynamics Financials, Dynamics GP, Microsoft’s Enterprise Mobility and Security Suite, SharePoint, and more. 

Media Contact
Company Name: JourneyTEAM
Contact Person: Dave Bollard
Email: info@JourneyTeam.com
Phone: +1 800 439 6456
Country: United States
Website: www.JourneyTeam.com