Tag Archives: modular office workstation furniture

Advice for Depreciating Office Furniture on Your Taxes

The tax season is near. And, it’s always a good idea to start your business tax planning early. Here’s some insight into how to depreciate your corporate office furniture, and why it’s a great idea to claim this furniture on your taxes.

Get to Know the Rules

Firstly, you can only deduct the amount you spend on modern office furniture for your business. This is especially important for the owners of a small or home-run business to remember. An item must be used more than 50% of the time for business purposes to qualify. That being said, there’s a lot of furniture and equipment that you can claim for. This can include modern office workstation desks and modular office workstation furniture as well as computers, printers, shelving, carpets, and filing cabinets.

Why Should I Depreciate Office Furniture on My Taxes?

It takes a little more work for you or your tax specialist. But, it’s worth it because you receive a tax deduction as a result. It not only lowers the amount of tax you pay in that year but also increases your net income after tax. A win-win!

Corporate Office Furniture: Expense or Asset?

There’s quite a bit of accounting tax lingo here but bear with us – it’s worth it!

Section 179 of the IRS Tax Code:
This allows businesses to deduct 100% of the cost of fixed assets up to $500,000. For example, if your business is currently in the 45% tax bracket, and you buy $10,000 worth of corporate office furniture, you’d get a tax saving of $4,500. So, your real spend on office furniture would be just $5,500.

Bonus Depreciation:
If you spend over $500,000 in capital expenditures, the 30% bonus depreciation rule applies. This means that you can depreciate your corporate office furniture bought in 2019 that’s included in that year’s capital expenditures by 30% for additional savings.

Your tax deduction should be recorded in IRS form 4562, not Schedule C for profit and loss. You can look up the MACRS Depreciation model in the IRS publication 946 to see exactly how your office furniture depreciates over the next few years.

Refit and Refurnish Your NJ Offices with High-Quality Corporate Office Furniture Today!

The BE Furniture team in New Jersey is specialists in corporate office furniture. We can help you create a functional and appealing office space that supports your organizational goals for productivity and employee engagement. In addition to our wide range of office furniture, including modern office workstation desks and modular office workstation furniture, we can also assist you with expert workspace design, fitment, and used office furniture removal and recycling

For more information on our services, please contact us today or visit our website at https://www.befurniture.com/

Inside 5 of the World’s Top Tech Offices

In recent years, tech companies have been dominating the innovative office design industry, demonstrating how innovation and creativity can create a high-performance workplace. Here is some inspiration from some of the most noteworthy tech offices from around the world.

Airbnb USA Headquarters

Airbnb has transformed the short-term rental industry and how we see our homes. So, it should be no surprise that it’s changing how we see offices too. Their San Francisco office was designed by the company’s Environments Team and local architects to create a truly unique space. The revitalization of this building meant bringing in as much natural light as possible through the original glass structure, stripping the building down to its core. As a global company, the building has a global theme, with different spaces including cafes, building floors, and meeting rooms reflecting different cities and countries around the world.

Dropbox

The new Sydney offices for Dropbox is all about creating engagement and relationships between staff and the public. The vision encapsulates the home design trend in corporate design, creating a sleek and modern space that’s welcoming and warm. It’s an open but comfortable space that’s all about bringing different work styles together in the same space.

Squarespace

These New York City offices span three floors of the historic Maltz Building (a manufacturing hub for the Printing House District in the mid-20th century), with a sweeping rooftop deck and ground-floor lobby as well as an event space. This office space is all about coexistence. It creates an environment where individual and collaborative work modes can come together to support high-performance individuals and teams. Unlike many tech spaces, this design doesn’t use bold color. Instead, it relies on the texture and appeal of rich wood, glass, and polished concrete.

SKB Kontur

This Russian IT company develops software for a conservative sector, namely accounting and business management. But, there’s nothing that’s conservative about their office design. It is both bold and youthful, and it screams for your attention, from the robust colors that define the different zones of the organization to its dedication to being a self-supporting unit. Not only does it have the typical spaces of traditional workplaces, but it also has a conference hall, study rooms, libraries, a bar, canteens, and sports areas.

Uber

Few companies have disrupted an industry quite as quickly and powerfully as Uber. Their new Advanced Technology Group offices in Pittsburgh follow the same idea by transforming a warehouse into a cathedral, which accentuates functionality first as well as the values and vision of the company. A stark white glass and steel building, this office space is all about the development of ground-breaking autonomous car development. By creating 360-degree workspaces for each team member, complete with expansive desk space, room for prototypes and more, each person has their own, individual high-tech, fully-equipped workshop. In addition to collaborative spaces and workstations, the facility also has a fully-functioning machine shop where prototypes are built, engineered, and tested.

Modern Office Workstation Desks and Modular Office Workstation Furniture in New Jersey

If you want to make the most of your office design and space, our team is here to help. In addition to our wide range of modular office workstation furniture and corporate office furniture, we also offer creative, expertly-delivered workspace design and fitment services. For more information on services, please contact us today or visit our website at https://www.befurniture.com/

Tips for Keeping Your Workstation Tidy

As the saying goes, an untidy desk is a sign of an untidy mind! While plenty of us may disagree, we have to admit that there are a lot of benefits from having a well-organized and clutter-free workstation. Here’s how to get on top of all that mess:

  • Take stock: It’s easy for our workstations and desks to get lost under both physical and digital clutter. The first step to organize your space is to take stock of what’s actually there. Sort your clutter into what’s essential and what’s not, recycle old documents you don’t need, throw out the trash and sort out your inbox. If you’re still swamped under piles of documents, now’s the time to add a filing cabinet to your workstation. Going forward, it may be a good idea to implement a paperless policy to stop the clutter from piling up – and its kind to the environment too!
  • Tackle those cables: Sometimes it seems like there isn’t a single space free of cables at a desk! Remove all cables that aren’t necessary and invest in some cable organizers. These clip your cables neatly out of the way and are pretty fun too – you can get Wonder Woman ones, bright colors, flowers or Star Wars memorabilia!
  • Take your lunch away: Eating at your desk is a serious source of mess, from dropped crumbs and grease to wrappers and stains. Instead, take your lunchbreak away from your desk, whether its outdoors at a café table or in the canteen. This is also a good way to ensure you take a break, blow off some steam, socialize and relax.
  • Make your workspace your own: There’s nothing more motivational than investing in yourself and the same goes for your workstation. A new, more functional desk could be just what you need to stay organized or an ergonomic chair that makes it more comfortable to work at your workstation. Even something as simple as adding a few plants, great notebooks, new stationery or even some of your favorite photos can make you feel more at home at your desk.

A Cleaner, More Organized Office Through Modern Office Workstation Desks 

BE Furniture in New Jersey can help you create a functional and appealing workspace that supports your brand. In addition to our wide range of office furniture, including modern office chairs and modular office workstation furniture, our contemporary office interiors team can also assist you with workspace design and fitment. We also offer eco-friendly recycling options for all your old office furniture and fittings. For more information on our services and products, including our range of corporate office furniture, please contact us today or visit our website at https://www.befurniture.com/

AI is Coming to your Office – Here are the Latest Insights

Artificial Intelligence (AI) is no longer limited to the realm of science fiction – it’s in our workplaces and is making a measurable impact on how we do business. Here are some insights from our corporate office furniture team.

Chatbots and Voice Assistants 

One of the most high-impact applications of AI is in the rise of chatbots and voice assistants. According to a tech report from Spiceworks, a survey of 500 IT professionals in both North America and Europe revealed that over 40% of large businesses are expecting to implement one or more AI chatbots on company-owned devices in the next year. 25% of mid-sized companies and 27% of small business are planning similar moves.

So, what platforms are making the biggest impact?

Microsoft Cortana is currently holding the position of most-used intelligent assistant in the workplace at 49% (thanks to its integration with Windows 10) This is followed by Apple’s Siri at 47%. Another 23% of organizations also use Google Assistant and 13% are using Amazon’s Alexa.

For chatbots, 14% of organizations are utilizing them when integrated into collaboration tools like Microsoft Teams and Slack, while an additional 10% of organizations are planning to develop their own AI chatbots for internal application.

Automate Mundane Tasks 

When it comes to how these AI tools are being utilized in the workplace, the focus is on automating mundane tasks that don’t require creativity, saving time and resources. This includes tasks like voice-to-text dictation, calendar management and even supporting customer service roles. Clearly, AI is here to make a lasting impact on the future of business.

Modern Office Workstation Desks, Modular Office Workstation Furniture – And More 

If you want to make the most of your office design and space, our team is here to help. In addition to our wide range of modular and corporate office furniture, we also offer full workspace design and fitment services. For more information on services, please contact us today or visit our website at https://www.befurniture.com/