HUNTSVILLE, Ala., Dec. 3, 2013 /PRNewswire/ -- Tax expert and best-selling author Barbara Weltman will discuss key, last-minute tax deductions small businesses can take before year-end. Weltman is the featured guest expert in a new webinar, "Smart Deductions for Small Businesses," sponsored by Digium®, Inc., the Asterisk® Company, provider of business phone systems and open source communications software. The live webinar, followed by a brief Q&A session with Weltman, is on Thursday, December 5, 2013, at 2 p.m. EST.
A small business cannot afford to miss an opportunity to save money. Yet one of the most common financial mistakes small businesses make is overlooking key, money-saving tax deductions. As author of "J.K. Lasser's Small Business Taxes 2014" and "J.K. Lasser's 1001 Deductions & Tax Breaks 2014," Weltman will discuss important year-end tax strategies and deductions, including Section 179, which is a tax deduction allowing businesses to write-off up to $500,000 in qualifying equipment purchases made in 2013. This special deduction is set to drastically decrease next year, making it imperative that businesses take full advantage of it in 2013.
"The Section 179 Tax Deduction is a deduction that can be particularly beneficial in helping businesses afford IT projects, such as replacing legacy phone systems with upgraded business communications solutions. Because some equipment can also be leased, it can mean an even greater total savings on year-end communications purchases," said Leslie Conway, vice president of global marketing for Digium. "We're pleased to have Barbara, a nationally recognized tax expert for small businesses, available to provide advice to our customers about these crucial year-end financial business strategies."
Small and medium-sized businesses (SMBs) are invited to attend this information-packed live event to better understand Section 179 and other last-minute tax deductions that can result in big savings at year-end. Weltman will also be available for a brief question and answer session after presenting her tax tips. Register for the webinar at http://go.digium.com/tax-tips-for-smbs-webinar.
Digium®, Inc. provides Asterisk® software, telephony hardware, and on-premises and hosted Switchvox business phone systems that deliver enterprise-class Unified Communications (UC) and UC as a Service (UCaaS) solutions at an affordable price. Digium is the creator, primary developer and sponsor of the Asterisk project; the world's most widely used open source communications software. Asterisk turns an ordinary computer into a feature-rich communications server. A community of more than 80,000 developers and users worldwide uses Asterisk to create VoIP communication solutions in more than 170 countries. Since 1999, Digium has empowered developers to create innovative communications solutions based on open standards and open source software, providing an alternative to proprietary phone systems. Digium Switchvox Cloud and other cloud-based products and services are offered through Digium Cloud Services, LLC, a wholly owned subsidiary of Digium, Inc. Digium's business communications products are sold through a worldwide network of reseller partners. More information is available at http://www.digium.com and http://www.asterisk.org.
The Digium logo, Digium, Asterisk, and the Asterisk logo are trademarks of Digium, Inc. All other trademarks are property of their respective owners.
SOURCE Digium, Inc.