-- An increase nearly double the original 2008 limit per asset from $128,000 to $250,000. -- An increase of the overall investment limit to $800,000. -- An increase for qualified Enterprise Zone property to $285,000. -- An increase for qualified Go Zone property to $350,000.IRC Section 168(k) - Fifty percent bonus depreciation for qualified property placed in service in 2008:
-- Fifty percent bonus depreciation allows expensing on most types of property with a recovery period of 20 years or less, such as machinery, equipment, computers, furniture, fixtures and certain software."By quickly integrating the tools our customers need to take full advantage of provisions within the Economic Stimulus Act, Sage Software has once again demonstrated our commitment to our customers and the success of their businesses," said Chris Donie, senior vice president and general manager of Sage FAS. Easy to install, customize and use, Sage FAS solutions are comprehensive, seamlessly integrated fixed asset management programs with versions suited for businesses of any size. Whether managing 10 assets or a system requiring the power of a Microsoft® SQL Server® infrastructure, Sage FAS saves time and improves data accuracy by organizing fixed assets in an easy-to-view format and performing complex depreciation calculations quickly and easily. About Sage Software Sage Software supports the needs, challenges and dreams of nearly 2.8 million small and medium-sized business customers in North America through easy-to-use, scalable and customizable software and services. Our products support accounting, operations, customer relationship management, human resources, time tracking, merchant services and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit and real estate industries. Sage Software is a subsidiary of The Sage Group plc, a leading global supplier of business management software and services to small and medium-sized businesses. Formed in 1981, Sage was floated on the London Stock Exchange in 1989. Sage Group now has 5.5 million customers and employs over 13,900 people worldwide. For more information, please visit the web site at www.sagesoftware.com or call (866) 308-2378. © 2008 Sage Software. All rights reserved. The Sage Software logo and the Sage Software product and service names mentioned herein are registered trademarks or trademarks of Sage Software or its affiliated entities.
Contact Information: Media Contact: Stephen Moore Sage Software (949) 790-2040 stephen.moore@sage.com