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AARON MARKWARD NEW KEYSTONE HIRE FOR COMMERCIAL SALES DEPT.

Photo: Bob DellaSala (left) & Aaron Markward (right)

 

Keystone Sales & Associates added a new member to the team, Aaron Markward. Aaron comes with years of experience in the plumbing and industrial manufacturing industry. He served as a National Sales Manager for a small plumbing manufacturer shortly after graduating from Temple University. Aaron has traveled the country working with different Rep groups, engineers, architects, contractors, and wholesalers. “The people I met and the relationships I garnered gave me an understanding of the passion and innovation that this Industry exudes,” says Aaron.

Keystone is excited to have Aaron join the team to help build & grow our Commercial Plumbing Department. With his previous experience at Bradley Corporation, will greatly benefit our customers and manufacturers. “Do whatever it takes to ensure that each and every customer is provided the greatest experience possible and put in the maximum effort to exceed vendor expectations. It’s a simple, but powerful, combination when you stay true to it every day. The best part is, they have fun while achieving all of this!” exclaimed Aaron.

Keystone continues to grow and expand. We are eager to expand further into the Commercial plumbing business. “We are extremely excited that Aaron has joined our team. After working with him for many years, we knew it would be a seamless transition. We are confident that with Aaron and his expertise, we will be successful”, Bob DellaSala, KSA President & CEO.

His employment is effective immediately.

 

About Keystone Sales & Associates:

Established in 1973, Keystone Sales & Associates (KSA) is the premier manufacturers’ representative for Plumbing, Heating, Ventilation and Air Conditioning 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 more information on the latest Keystone Sales & Associates news, call 1-800-220-1025 or visit uskeystonesales.com.

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Section 179 Tax Deduction

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:

  • 2016 is a great year to buy and save on used machinery!
  • 2016 Expense Deduction Limit has been raised to $500,000
  • 2016 Limit on Capital Purchases = $2 Million
    Section 179 Threshold for total of equipment & software that can be purchased has increased to $2 Million (threshold would have been only $500,000 prior to the new legislation).
  • 2016 Bonus Depreciation = 50%
    The new law allows 50% “Bonus Depreciation” on qualified assets placed in service during 2013 and 2014.

Please note:

  • Section 179 Deduction applies to most new and used capital equipment, and also includes certain software.
  • Bonus Depreciation only applies to new equipment (no used equipment, no software)

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.

Sample Savings*

Original Equipment Cost: $500,000

2016 Potential Tax Savings: $175,000

Final Equipment Cost: $325,000

Cash Savings on Equipment Purchase: $175,000

*Assuming a 35% tax qualifying purchase

 This information does not constitute tax advice. Please check with your tax advisor on how this applies to your business.