Section 179 Deduction Limit Expanded to $500,000
The Protecting Americans from Tax Hikes (PATH) Act of 2015 recently passed both the House and Senate – thus, expanding the Section 179 deduction limit to $500,000 from the previous $25,000. As detailed at Section179.org, Section 179 will be at the $500,000 level...Loomis Bros. Equipment Names New President
Loomis Bros. Equipment Company, based in Fenton, Mo., has named Matthew Lamons president and COO. Lamons takes over for second-generation owner Dale Loomis, who has assumed the positions of chairman and CEO.Since joining the company in 2007, Lamons has served as...Aaxon Participates in Toys for Tots Campaign
Aaxon Laundry Systems, based in Fort Lauderdale, Fla., recently concluded its fourth year participating as an official drop-off location for the Toys for Tots national holiday campaign. Aaxon received several toy donations from its employees and customers in support...Laundrylux Announces Promotions, New Hires
Laundrylux has announced a series of management changes, which will take effect January 1, 2018. Neal Milch, CEO, will assume the role of executive chairman of the board of Laundrylux.” The world is changing incredibly fast,” Milch said. “And my...
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