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. He obtained his degree from Penn State University. Shortly after, Sam moved to the Washington DC Area to work his first job in outdoor architecture and landscape lighting company. After 3.5 years, he took the leap and transitioned into his new role in the HVAC industry.

“I am excited to embark on this new journey in the PHVAC industry and I will strive to make a positive impact on all challenges that come my way. I am thrilled to be a part of the Keystone team and to learn from some of the best reps in the industry,” remarks Sam.

Sam will cover Northern Virginia, Southern/Central Maryland, and the DC market. We look forward to having Sam on the Keystone team!

Bob DellaSala, President & CEO of KSA says, “Sam comes to KSA with a great education from Penn State. He has developed great work habits in 3.5 years professionally. In addition, his father is a Manufactures Rep in Western PA. Naturally, the Rep business is in Sam’s DNA from growing up seeing his dad’s success.”

 

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.