H.R. 5771 (the Tax Extenders Bill) passed by the House on Dec 3, 2014 was voted on and passed by the Senate on Dec 16, 2014 retroactively expanding the Section 179 deduction limits thru 12/31/2014.
Only this 2014 tax year will be covered by this measure – therefore it is a good business decision for many to buy/finance equipment immediately to make the December 31, 2014 cutoff for the write-off provisions.
Repeat, this new provision does NOT cover tax year 2015, the law covers tax year 2014 only! To obtain Section 179 Qualified Financing for your business, you must apply immediately to make the cut-off at midnight 12/31/2014.
Keep up with the Bill that reinstates the limit on Section 179 to $500,000 as well as reinstates 50% Bonus Depreciation: H.R. 5771: Tax Increase Prevention Act of 2014 (aka Tax Extenders Bill) via govtrack here :http://link.crestcapital.com/hr5771
Technically, the bill is a one-year, retroactive extension of the tax breaks, even though it only lasts through the end of the month. This site will be updated to reflect these changes shortly.
Highlight is pleased to announce that Xavier Maka has been appointed to the position of Regional Technical Sales Manager. Xavier has worked with Highlight’s stretch wrap equipment for more than 20 years and has over 23 years experience in the stretch
film industry. He has spent the last 17 years at ITW Mima as Technical Manager in Belgium. Before ITW MIMA, Xavier worked at Mobil films division in Europe. Xavier is a chemical engineer with a degree from Université de Liège in Belgium.
Xavier is located in Virton, Belgium. Please welcome Xavier to his new position at Highlight and feel free to contact him at Xavier.Maka@MaxAdvice.eu
Join us, in Chicago November 2-5 for PACK EXPO International and 2014!
Be sure to visit Highlight Industries in booth N-5547 at PACK EXPO International at Chicago’s McCormick Place. We will have our experts on hand to answer your questions, and to showcase our Synergy, Freedom, Predator, and Revolver stretch wrap systems, Magnum case sealing and forming systems, film test equipment, and much more! We will also be unveiling new technology to the industry to give you more tools for more success!
We are pleased to provide you with free registration for the event!
Here we’ll be bringing you updates and news from Highlight, as well as packaging tips, tests, the many benefits that come from effectively containing your products, and much more!
Our packaging engineers and experts will be weighing in on important topics, like safe load handling and product containment, so you have the knowledge and tools needed to find the proper packaging solution. We’ll also be addressing some packaging myths, and we will bring you the latest on packaging expos and conferences around the world.
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Maker of stretch wrappers, case tapers, strapping machines, and stretch film test and quality control systems.