How to write off your SolidWorks CAD purchase

Did you know you could write off your SolidWorks purchase?  Here’s how . . .

The US HIRE Act of 2010 extends the Section 179 deductions of 2008/2009 into 2010. Section 179 allows businesses to write-off up to $250,000 USD of qualified property which includes computer software purchased during the 2010 tax year – subject to a phase-out if a business has capital expenditures exceeding $800,000.

We have researched Section 179 and found this website explains it very well and shows an example of how it works:

Many governments worldwide have enacted incentives, as well. Check with your local government or your tax advisor for options.

Need a quote on SolidWorks?  Contact us today.

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