PS Pro 2019-are all my Win7 computers obsolete? Who is going to pay for new PCs?

[Accountant-Man]

Although I really don't appreciate getting my 2019 invoice(5% increase) only 3 days after April 15, I really am upset that I may not be able to use Pro Series any more.

Are they forcing me to buy all new PCs? I was planning to retire in two years, but that may be hastened, and then they lose my $6,000 annual fee.

[abctax55 · Accepted solution]

Windows 10 upgrade is $ 129 on Amazon...assuming your hardware is still adequate you don't have to buy new computers.  I have Win10 on 6 year old one, with no issues.

[Accountant-Man]

Win7, 64 bit, bought 04/30/13.

[poolcleaner]

I have a 64 bit that had Win 7 and converted to WIN 10 last year with no problems. That ought to make the party start all over again!

[Accountant-Man]

I will try it.

[Taxes-by-Rocky]

Doing the same on a number of machines.  Here's to a smooth transition and continued access to many prior years!

[IRonMaN]

Your computers may not be obsolete, but your operating system will be obsolete come January.  You can always upgrade your operating system, but if your computers don't meet the new minimum requirements they may indeed also be obsolete.  We can always start a Go Fund Me page to pay for the new computers, if needed.  It shouldn't he hard to come up with enough cash to cover the cost of new computers with a good Go Fund Me story. 

[qbteachmt]

The plan is to buy a screaming new system in the final 6 months you are in business, since that makes it a business system. Then, you retire.  🙂

[poolcleaner]

But if you § 179 it, you'll have to recapture that depreciation.

[TaxGuyBill]

100% Bonus Depreciation.   :smile:

[qbteachmt]

Under current regulations, it's straight expense. Just keep it around $2k.

[TaxGuyBill]

NO, under current Regulations, it is a depreciable expense UNLESS you QUALIFY for and actually MAKE the De Minimis Election.

[Taxes-by-Rocky]

I don't think you have to depreciate or amortize an asset that expires in six months. :relieved:

[wjgutcpa]

Pretty quick to send out renewal notices, yet software corrections on obvious errors or wrecks created by updates took FOREVER. 

Still looking for new software.