Tax benefits of outsourcing

Posted by admin on February 21, 2014

Outsourcing teams brings certain possible tax benefits to companies.

OPEX vs. CAPEX: Outsourcing allows companies to move certain required expenses that are incurred by bringing on staff internally. Workstations, desks and other physical purchases that would generally fall under a capital purchase can be shifted to an expense immediately. Another method to do this is via leasing, but most leases are long term contracts, whereas BitcoinATM360 service is month-to-month.

Payroll taxes: Payroll taxes, such as state and federal income tax, Social Security, unemployment insurance and workers compensation.