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KEYSTONE WELCOMES TWO NEW MANUFACTURERS

Keystone Brings on Two New Manufacturers: ICM Controls & AC Products 

(June 6, 2024)

 

Keystone Sales & Associates are proud to announce the representation of two new Manufacturers: ICM Controls & AC Products. 

Since 1984, ICM has been a leading, domestic electronics manufacturing company specializing in Electronic controls for both OEM and the Aftermarket. We provide the most technologically advanced products at the greatest value. ICM Controls manufactures custom OEM products and branded aftermarket products for the HVAC/R, Electrical, Appliance, Pool & Spa, Marine, and Recreational Vehicle industries.  

For more product information, check out their full product list at www.ICMcontrols.com 

Our second new Manufacturer is AC Products. AC Products USA is a company with a passion for unique, efficient and ECO friendly products. Their glocal deliverables are geared towards improving our customer’s comfort yet adding detailed engineering through extensive market research and quality compliance. Our standards are determined through continual product improvement and manufacturing techniques uniquely deisnged with the environment in mind. AC Products is known for their Total Rust & PCB Protection coating spray.  

Check out their social media for hands on videos or website at www.acproductsusa.com. 

Any questions or comments on ICM Controls or AC Products, please reach out to your sales rep or our inside sales team at 1-800-220-1025. 

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.