Pipes, tanks, fittings for water supply, heating and sanitation.
Equipment and devices to provide heat for a building.
Ventilation systems for residential and commercial.
Products for humidity, ventilation, and temperature control.
Established in 1973, Keystone Sales & Associates (KSA) is the premier manufacturers’ representative for plumbing, heating, ventilation and air conditioning (PHVAC) products in the Mid-Atlantic region. Headquartered in Pottstown, Pennsylvania, the company is experiencing rapid growth and expansion by offering a large selection of related products from a single source. As a value-added supplier, KSA provides distributors and contractors with customer support and hands-on technical training through its professional development arm, Keystone University.
For the 2016 tax year, the Section 179 Tax Deduction Limit has been raised back to $500,000, the increased level in effect in 2013 and is not reduced until the cost of section 179 property placed in service exceeds $2 Million.
Understanding The Section 179 Deduction. Click this link to see how Section 179 can benefit your business in 2016.
What you should know:
When applying these provisions, Section 179 is generally taken first, followed by Bonus Depreciation – unless the business has no taxable profit in the given tax year.
Original Equipment Cost: $500,000
2016 Potential Tax Savings: $175,000
Final Equipment Cost: $325,000
Cash Savings on Equipment Purchase: $175,000