PHOENIX, Arizona – August 23rd, 2015 –OpenTech Alliance, reminds self storage owners that INSOMNIAC™ Kiosks qualify for accelerated tax deductions under Section 179 resulting in a savings of up to $6,300; notably reducing the cost of a kiosk purchase by 35 percent. Self Storage owners can learn more about this tax savings at Section179.org.
As of today Section 179 of the IRS Tax Code has a limit of $25,000 that can be expensed immediately on qualifying purchases. However, the House and Senate Finance Committee have already voted to reinstate the previous limit of $500,000. Once the full Senate passes the bill, the limit will be raised.
Pricing: INSOMNIAC Kiosks range from $1,500 to $18,000. Under Section 179, a purchase will yield a rebate in savings from $525 to $6,300 per kiosk. Click Here for Models & Pricing
Calculate Your Savings: Endorsed by section179.org this free calculator is fully updated for 2015 – go ahead, punch in some numbers and see how much you can save on a kiosk this year. Click Here to Calculate Your Savings for your kiosk or other qualifying equipment you plan to purchase in 2015.
To qualify for the deduction, a kiosk must be installed and operating by the end of the 2015 calendar year. In order to ensure owners will be able take advantage of the tax savings they are urged to order their kiosk now, so they can have it delivered by November and operating in December. As with any tax consideration, please consult your accountant or tax attorney for individual case assessment before making tax or business related purchases.
“While I am not a fan of the behavior of many of our politicians, I am happy to see many in our Congress understand the value in supporting the growth of small businesses”, stated Robert A Chiti, OpenTech Alliance President & CEO.
Why We Do What We Do: Every day, OpenTech Alliance connects thousands of tenants with storage companies around the world. With over 4,000 daily transactions, the companies automated products and services helped store managers move-in over 100,000 tenants in 2014, generating over 100 million dollars in new sales revenue alone. OpenTech, Making Self-Storage Easier, So More People will Use It. For additional information, please click: OpenTechAlliance.com or call an OpenTech Business Development Manager at (602) 749-9370.
Press Contact: Mike Sawyer, Director of Marketing
OpenTech Alliance, Inc.
NOTE TO EDITORS: OpenTech Alliance, the OpenTech logo and INSOMNIAC are trademarks of OpenTech Alliance, Inc. Other company and product names may be trademarks of their respective owners. INSOMNIAC kiosks are protected by U.S. patent number 5,946,660.