Last Chance for Section 179
Dec21

Last Chance for Section 179

As a business owner, there are some tax beneifts you can get when you make capital purchases. One of those is Section 179 of the US Tax Code. Print shops can take advantage of Section 179 for their capital purchases. So how does it work? As defined in Wikipedia: “Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179), allows a taxpayer to elect to deduct the cost of certain types of property on their income...

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IRS Tax Code: Section 179 – 2016
Sep14

IRS Tax Code: Section 179 – 2016

Purchasing Print Finish Equipment? 2016 is the year to do it. So, the US Government gives business tax incentives to spend money. Section 179 has been generous in the past, but not necessarily in 2015. Section 179 for 2016 is generous offering companies a tax break on capital purchases up to $500,000. That’s a pretty good deal. So, how does it work? Well, if you have been considering purchasing a new wide format laminator, a UV...

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Print Finish Equipment: Should You Lease or Buy?
Jul19

Print Finish Equipment: Should You Lease or Buy?

You need some print finish equipment to support your printing business. The next question that comes up is whether you should lease or whether you should buy the equipment. Print finish technology has not changed much. It is not like buying computer hardware or even printers. It is quite possible to purchase print finishing equipment and have it last forever. Case in point, I have some Lassco round corner cutters in my shop that I...

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Digital Print Continues Its Growth according to Drupa
Jun09

Digital Print Continues Its Growth according to Drupa

Word out of this year’s Drupa Conference in Duesseldorf is that digital print is continuing to make greater inroads into the printing industry. Like all things in life today, change is the constant driving the march forward to digital printing over traditional off-set printing. Customer requirements are changing from big runs to shorter runs. Terry Mitchell from Fujifilm North America points out that sales of digital equipment...

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Scammers scamming Print Shops
May18

Scammers scamming Print Shops

Have you ever had an order request show up that seems too good to believe? We get whacky order requests at Lloyds a lot. So, I thought I would set up a blog post to document some of the scammers that show up in our inbox. Why? Sometimes, you can get a good one that can pass some of your scam filters. We did once which I will touch on soon. First up is: Mr. Roy Fernandez My name is Mr.Roy Fernandez I will like to order some plaque from...

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3 Tips For Selling Your Print Shop Services Today
Feb10

3 Tips For Selling Your Print Shop Services Today

I was recently part of a conversation about selling. I laughed because everyone still thinks the secret to selling is, “You have to love what you are selling.” “You have to be a born salesperson to succeed.” I started to laugh and reminded everyone there that they were all born sales people. In one way or another, we all sell. No, you don’t have to “believe” in a product to be able to sell it. You can believe in a product and still...

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