I am starting out today’s blog with a holiday comment. A week ago I was watching TV and saw a Christmas commercial for Macy’s, are you kidding? It seems that these days we barely have time to take off our bathing suits and put away the summer fun, and the Christmas music, commercials and sales kick in. Now trust me folks, I like Christmas Holidays just as much as the next guy, but I was thinking what happened to Thanksgiving? A lot of good things happen on Thanksgiving , like food and food and pie and more food and then the Lions game, which under normal years you are lucky enough to fall asleep from a fat belly before they self-destruct. With all this being said though, I must admit I am looking forward to the next version of the Dancing Elves, I get a kick putting our sales staff photos on the Elves bodies and watching them dance the crazy moves!
Who knows maybe here at F. P. Miller Company we can use some of the early Christmas strategies in our sales and marketing? For example, unless you are under a rock or live outside of the country, you should be aware of HR- 5297. This is an HR-5297 is aimed at helping small business, and among other provisions it raises Section 179 expensing levels to $500,000 (and the phase-out threshold amount to $2 million) The $500,000 amount applies to the cost of depreciable tangible personal property purchased for use in the active conduct of a trade or business. Hey as always, Limitations apply so contact your tax adviser for complete details about HR-5297.
Of course you won’t see this advertised on the TV with dancers holding bags of gifts wearing Santa hats, but via this blog you have now been informed or reminded. Hurry, time is running out, you have less than two months to purchase! If you are in the market for a Blanchard grinder or if yours in need of repair, if you have CNC or Manual machines that you are not using and would like to sell, or if you are in need of serious repair work to machines that are giving you production fits, CALL one of our sales staff and save them from the Dancing Elves.
-Craig L. Ward