Tagged With "tax"

FUJIFILM RECEIVES ALUMINUM TARIFF TAX EXCLUSIONS Hanover Park, Ill., January 23, 2019 – FUJIFILM North America Corporation, Graphic Systems Division announces tariff tax exclusions on its aluminum offset printing plates, currently making it the only major printing plate manufacturer in the U.S. to earn exclusion. Fujifilm has proactively worked with industry associations and the Federal Government to address the unintended consequences of the tariffs applied to the sales of aluminum offset...

It was many years ago that when it came to late December that I thought sales were done for the month.   I assumed this was due to the fact that I would be off a few days for Christmas and New Years and everyone else...

This guest blog was contributed by Joe Terfler. In the imaging equipment space, the majority of equipment is financed under rental/cost-per-image agreements. These agreements allow the equipment vendor to better manage long-term customer relationships, as the agreements typically allow for the return of the equipment at the end of the term. While the imaging equipment market favors these agreements, another approach that takes advantage of accelerated depreciation can benefit certain...

Our outside sales people receive a flat auto allowance each month regardless of how many miles they drive. In the past they would keep track of their miles and deduct them (less the allowance we provided them). With the new tax changes I'm hearing that employees can no longer deduct meals, travel and other expenses. I'm interested to what ideas the group has to minimize the impact of this change to outside sales reps?

I assume you are talking about the changes that the Trump administration put in place which have nothing to do with the 2017 filing many of us are working on now. I am nowhere close to a tax professional so don't take anything I say here as gospel. I am not aware of those business deductions being removed. However, with the new higher standard deduction, it is very likely that most of us will be filing short forms next year. It doesn't mean that we don't get the deductions...quite the...

I was aware of entertainment expenses, but was not aware of mileage and meals. I will need to check with my accountant. I found this: https://www.forbes.com/sites/k...it-use/#57f0780d7631 really didn't help that much. My accountant is swamped right now. I'm somewhat concerned since I drive 25K plus every year. Hoping OLD Glory has got it right.

One of my reps came and mentioned milage as well. Pretty bold - he walked in and said you guys are going to need to do something for us next year since we can't deduct mileage anymore. I don't do too well with "demands"

He had better be habitually over 120% of plan if he's going to make a statement like that.

does anyone know what the standard reduction will be?

Not even close and a fairly new rep.

Company reports higher revenue, EPS and free cash flow while increasing investments in targeted growth areas Financial Summary $1.79 billion of revenue, up 22.4 percent year-over-year or 18.1 percent in constant currency. GAAP earnings per share (EPS) of $0.46, up $0.35 year-over-year, and adjusted EPS of $0.47, up $0.32 year-over-year. Adjusted operating margin of 7.0 percent, up 280 basis points year-over-year. $214 million of operating cash flow, up $180 million year-over-year. $198...

I received this email fro CPA and I thought the questions would pay right into our talk tracks with mentioning Section 179 to our clients. See below Hi Art, As we are nearing the end of tax year 2021 I want to ask you a few questions... Do you have an idea of how much taxes you will be paying come tax time next year? Do you know how much you can still save before you close out 2021? Have your CPA sat down with you to map out a comprehensive or basic tax saving plan? Are they offering any...

If you’re an equipment vendor, learning more about how Section 179 of the IRS tax code works could help you sell more – and help your customers get the equipment they need while saving some money on their taxes. Scroll to disclosure: 1 In a nutshell, Section 179 lets businesses deduct the full purchase price – up to $1,080,000 – of qualifying equipment financed during a given tax year. For vendors, raising your customers’ awareness about that provision – including that they can take the full...

This Week in the Copier Industry Ten Years Ago Third Week of November 2012 sponsored by Interesting chat I had the other day with someone about Ghosting and what are some on the avenues a rep can travel down to re-engage. In the next few days I'll be posting up a video on Better Call Art. I'm looking for help, I need to reach out to KM, Toshiba and HP principals. I'm willing to offer free Premium/VIP memberships for the team along with some other stuff. Please contact me for details...

Use a tax prep firm? You may be exposed A US Congressional probe, led by US Senator Elizabeth Warren, is accusing 3 firms of exposing personal financial info of “tens of millions” of taxpayers in the U.S. “On a scale from 1 to 10, this is a 15”; stated David Vladeck, former consumer protection chief at the FTC - Firms involved are: H&R Block Tax Act Taxslayer

This Week in Copiers Fifteen Years Ago Second Week of November 2008 Real Copier Sales Japanese Copier Companies & WWII Before Ricoh was Ricoh, it was known as Riken Kankoshi Co., Ltd. was formed to produce positive sensitive paper, used to develop film. Riken also developed computer-designed lenses originated during World War II. Before Canon was Canon, it was known as Precision Optical Industry., LTD, not much here for them, all I could get was go here for rest of article Enjoy These...