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Kemco Connection – Fall 2017

Kemco Systems

Kemco Connection – Fall 2017 (click image for full pdf)

Kemco Systems - recycle

What’s the big deal with recycling?

Kemco Systems

Kemco Newsletter – Winter 2016

wastewater treatment

Kemco Systems, Co. LLC – Winter Issue – (Click on image for full pdf)

Kemco Systems

Have you purchased a Kemco system in 2016?

Do you know about the Section 179 Deduction?

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.

Essentially, this means that if you’ve purchased or will purchase or finance a Kemco system by December 31, 2016 your business qualifies for up to a $500,000 write off on equipment totaling $2,000,000 or less. The deduction begins to phase out dollar-for-dollar after $2,000,000 is spent by a given business, so this makes it a true small and medium-sized business deduction.

Bonus Depreciation is offered in 2016 at 50%. This is useful to very large businesses spending more than the Section 179 Spending Cap ($2,000,000) on new capital equipment. Also, businesses with a net loss are still qualified to deduct some of the cost of new equipment and carry-forward the loss.

When applying these provisions, Section 179 is generally taken first, followed by Bonus Depreciation – unless the business had to taxable profit, because the unprofitable business is allowed to carry the loss forward future years.

Want to see what your savings would be on the equipment you purchased?

Visit the Section 179 website for more information.
Tax Deduction Info on www.Section179.Org!

 

Kemco Newsletter – Summer 2016

Kemco Systems Newsletter

Kemco Systems, Co. LLC – Summer Issue – (Click on image for full pdf)

Meet us at IPPE – January 27th – 29th

IPPE EXPO 2015We will be exhibiting at the 2015 IPPE Expo!

Georgia World Congress Center, Atlanta, GA

January 27th – 29th.

Visit us at Booth #B8129

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