Fixed Assets Blog
The Latest on 179D Energy Tax Deductions
Big Changes Occurred to the 179D Energy Tax Deduction in January 2023 On Tuesday, August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) into law – one of the most sweeping climate bills ever created. The IRA is a massive piece of...
How to Perform a Fixed Asset Inventory – In-Depth Guide
Learn the 10 Steps to a Perfect Fixed Asset Inventory Many companies assume that since fixed assets are “fixed,” that their value is fixed as well. Unfortunately, those companies are missing out on significant cost savings potential that comes from having an...
How to Use Asset Maintenance for Your Sage Assets in Sage Fixed Assets 2024
Heat Up Tracking for Your Sage Assets with the New Asset Maintenance Feature Sage Fixed Assets – Tracking has introduced a brand-new feature called Asset Maintenance. It empowers you to schedule maintenance on your Sage assets, create work orders for...
Understanding the Fixed Asset Lifecycle for Accurate Asset Accounting
Learn the 5 Important Stages That Impact Your Fixed Asset Accounting Accurate fixed asset accounting requires careful tracking and depreciation calculations. It can be difficult to manage because the fixed asset lifecycle often lasts decades. Here is what the...
How and When to Test for Fixed Asset Impairment
Do You Suspect It May Be Time to Test for Fixed Asset Impairment? This Will Help. Fixed asset impairment occurs when an asset experiences a one-time or unexpected drop in value, resulting in a significantly lower market value than the one listed on your balance sheet....
What’s New in Sage Fixed Assets 2024.1?
Sage Intacct Integration, an AI Chatbot, and Faster QIP Property Entry Make Sage Fixed Assets 2024.1 the Best Version Yet Great news: Sage Fixed Assets 2024.1 is available right now. In addition to the exciting updates we discussed in this blog about version...
Renovating? 3 Steps to Maximize Your Returns on Fixed Asset Disposal
How to Optimize Fixed Asset Disposal to Improve Your Cash Flow We all know that renovations are costly, but investors often don’t realize that they can recover quite a bit of cash during the renovation process. How? By correctly calculating and recording the...
What Is MACRS Depreciation?
Business Fixed Assets Are Subject to MACRS Depreciation. What Is That & How Does It Work? MACRS is an IRS structure required for calculating depreciation on assets. As you would expect from the IRS, the MACRS depreciation system is complex and it punishes...
7 Signs Your Fixed Assets Process Is Broken
These Can Be Your Early-Warning Alarms for a Broken Fixed Assets Process When your fixed assets process is broken, your business breaks down too. You might overpay for taxes and insurance. Your capital budgets may become unusable. If the problem goes on too...
What’s New in Sage Fixed Assets 2024.0?
Discover New, Time-Saving Features in Sage Fixed Assets 2024.0 The all-new Sage Fixed Assets 2024.0 was released on August 31, 2023. As you can guess, the new version is packed with features and functions to make your fixed assets management processes easier…...
Paragon International to Participate in World-Leading Hotel Industry Event
Hotel Owners Can Meet with Paragon to Discuss Key Tax Reduction Strategies at The Lodging Conference SCHAUMBURG, Ill. — September 5, 2023 — Paragon International, a leading provider of Sage Fixed Asset Management Software, physical asset inventory services,...
This Turnkey Asset Barcode System Makes It Easy to Track Fixed Assets – Finally!
No Time to Set Up Your Fixed Asset Barcode System? This Is the Solution You’ve Been Waiting For. Looking to speed up your fixed asset tracking process and increase accuracy? One of the best ways to accomplish both goals at once is to integrate Sage Fixed Assets...
Reduce Expenses with Sage Fixed Assets Hosting on the Cloud
Sage Fixed Assets Hosting: One Solution to Cut Many Costs Immediately Economists are still undecided whether a recession is looming, but you can read between the lines. To maintain the competitive edge, your enterprise must have a strategic cost-cutting plan in...
5 Reasons NOT to Use Spreadsheets to Manage Depreciation of Fixed Assets
Your Spreadsheets Are Probably Inaccurate. This Can Create Big Issues When It Comes to Depreciation of Fixed Assets. Forrester reports that over 50% of organizations use spreadsheets to keep track of business intelligence such as info on depreciation of fixed...
The Key Feature in Sage Fixed Assets That Will Speed Up Your Fixed Assets Accounting
End-to-End Lifecycle Management for Your Fixed Assets Accounting Can Save More Time Than You Imagine Many companies rely on spreadsheets for their fixed assets accounting, but reporting from spreadsheets is exhausting and time consuming. Even worse, making constant...
The 7 Benefits of Cost Segregation Studies
Why Cost Segregation Matters to Your Business Tax Day has come and gone, and you’re probably already thinking of how to reduce your business’ tax obligation next year. Cost Segregation is a valuable, often overlooked, tax strategy that can increase cash flow...
