KEYSTONE CONTINUES TO GROW PERSONNEL IN THE CAROLINAS

Keystone Sales & Associates Continues to Grow Personnel in the Carolinas

 

(Pottstown, PA – August 1st, 2024) –Keystone Sales & Associates (KSA) is excited to announce the hiring of a new team member – Zach Weir. His role as Territory Sales Associate is effective immediately.

Zach Weir is a graduate of Mitchell Community College where he studied HVAC. For the last 14 years, he worked in the field as a tech for a distributor in North Carolina. His purpose for getting into the industry was solely to do something different than his family & friends. Zach wanted to challenge himself and make a name for himself in the HVAC Industry.

“I am excited to work for a reputable company such as Keystone Sales & Associates. This opportunity will allow me to grow and further my career, while making a difference in the trade industry,” says Zach.

Outside of work, he loves spending time with his wife and two daughters. He also plays guitar in a punk rock cover band called Confetti Cannon. Zach will be covering territory in North & South Carolina.

Bob DellaSala, President & CEO of KSA says, “Zach comes to Keystone with a wealth of Knowledge in the HVAC Industry from his experiences with a Wholesale HVAC Distributor and most recently selling residential HVAC systems for a major local dealer. Zach’s personality, dedication, knowledge, and desire to be the best will fit perfectly with Keystone’s culture. Zach will be a great addition to our outside sales team for years to come!”

Zach will be covering territory in North & South Carolina. We are excited to have him on the Keystone team!

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.