Sage North America today released Sage Fixed Assets 2013.1 with enhancements to aid businesses in taking advantage of the latest tax laws, such as those recently enacted with the American Taxpayer Relief Act of 2012, as well as updated audit features.

The new version is designed to help companies identify assets that may be eligible for extra depreciation under recently enacted tax laws. The American Taxpayer Relief Act of 2012, signed into law on Jan. 2, 2013, avoids the scheduled increases to individual income tax rates for most Americans and extends a host of expired and expiring tax provisions for both individuals and businesses, many of which have been retroactively reinstated for 2012.

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