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 they have provided by Bradley.” Keystone has been a key powerhouse in its partnership with Bradley since 1954 when it was known as Rinear Associates & later acquired by Keystone Sales in 2007.

 

 

“I was excited for the Keystone Team who worked so hard and wanted to win this coveted award for years. We came close a few times but receiving this award, especially going into Bradley’s 100 years of service really meant a lot to our team.” Says KSA CEO, Bob Della Sala.

 

In 2021, Ken Rinear, Sales Engineer of Keystone Sales and Legacy family member of Rinear Associates secured the Atlantic City, NJ Boardwalk project. That project was a highly publicized job & a huge contributing factor in achieving this award. Special shout out to Ken for his hard work and many years of dedication to the industry!

 

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.

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.