KSA WELCOMES NEW HIRE IN DC MARKET

Keystone Sales & Associates Welcomes Sam Maxwell to the Team (Pottstown, PA – August 1st, 2023 ) –Keystone Sales & Associates (KSA) is excited to announce the hiring of a new member of the team – Sam Maxwell. His employment is effective starting July 3rd, 2023. Sam Maxwell was born and raised in Pittsburgh, PA. […]

KSA WELCOMES TWO NEW POWERHOUSE MEMBERS TO THE TEAM

Keystone adds two new hires to the team.

Keystone Sales & Associates (KSA) announces the hiring of two new teammates in the North & South Carolina region – Dennis Wilkins & Grayson Turner. Their employment is effective immediately. Because of the explosive demand in North and South Carolina, we’ve expanded and brought on two well-known & talented members of the HVAC industry. They […]

NEW PARTNERSHIP WITH AALBERTS HYDRONIC FLOW CONTROL

Keystone Sales & Associates is pleased to announce the representation of a new vendor – Aalberts hydronic flow control North America. We will be representing the full Flamco portfolio of both Commercial and Residential products in Maryland, North Carolina, South Carolina, and Washington DC. Aalberts hydronic flow control is a division of the internationally active […]

KEYSTONE RECEIVES THE BRADLEY CORPORATION 2021 REP OF THE YEAR AWARD

Keystone Sales & Associates (KSA) is proud to be the recipient of the 2021 Rep of the Year Award from Bradley Corporation. Bryan Mullet, Chairman, and CEO of Bradley says,” Bradley would not be successful if not for truly great Rep Organizations like Keystone Sales. We are thankful for the many dedicated years of service […]

KEYSTONE WELCOMES THREE NEW HIRES TO THE TEAM

(Pottstown, PA – November 19 , 2021) – With the continued growth of the industry going into the New Year, Keystone Sales & Associates (KSA) announces the hiring of three new teammates – Paul DeChristopher, Rob Micklus, and Carly DellaSala. Their employment is effective. “I am so incredibly proud of the Keystone Sales & Associates […]

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.