Press Release: End-of Year Tax Breaks

Quality Connections would like to share an end-of-the-year tax planning tips. Through our 90-Day NO Pay program you need only $100 and your signature to start a lease. Depending on when the phone system is installed, payments do not begin until January, February, or March of 2005.

Make no monthly lease payments until 2005
Expense 100% of the equipment cost on your 2004 tax return
Bonus Depreciation expires at the end of 2004

Write-off your new Internet Telephone System, with no need to depreciate over 5 years! The Jobs and Growth Tax Relief Reconciliation Act of 2003 expanded Section 179 of the IRS Code allowing the deduction, as a business expense on IRS Tax Returns, up to $100,000 for qualified property placed in service in the tax years 2003, 2004 and 2005. This includes telecom equipment! This can be done in lieu of recovering the cost through depreciation over a specified recovery period (usually 5 to 7 years).

We can actually save you some planning time and money on leasing. And that is in addition to all you will save by having no telephone company bill. We will email you a planning calculator if you are interested. Call 1-800-300-9000 and get our leasing information specific to you.

Since 1991, Quality Connections Inc. has been committed to problem solving, forward thinking, and innovative communications systems design for small and medium-sized businesses and organizations. They manage communications networks for 300-400 customers and are becoming a regional leader in secure and reliable Internet Protocol (IP) telephony systems and communications systems, software applications, and services. Quality Connections helps customers leverage existing and add new networks to achieve superior business results. For more information visit the Quality Connections website: http://www.qualityconnections.com.

Quality Connections Inc.
56 Leonard Street
Foxboro, MA 02035
1-800-300-9000