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Reduce
your excess inventory
and save on taxes
Do
you have left
over, odd parts from prior jobs which you are unlikely to use in the
future? Besides liquidating at a lower rate or throwing away
overstock inventory for a loss you also have the option of deducting
it as a charitable contribution.
For
regular C
corporations you may deduct the cost of the goods plus half the
difference between cost and fair market value. Your deduction could
be up to twice cost. S corporations, partnerships and sole
proprietorships earn a straight cost deduction. Read
More
Keeping an eye on Plumbers in
Lewiston, NY.
Plumbers
may
soon need a license and insurance to practice their craft in the Town
of Lewiston, NY. After a public hearing this March 24th there will
be a Town Board meeting, where a new plumbing board is expected to be
approved.
During
a recent Town
Board meeting, Councilman Sean Edwards, a member of the local
plumbing union had this to say, “If the proposal passes
plumbers
will be required to pay a $250 license fee, and may even be given a
card with photo identification.”
At
which point,
Supervisor Fred M. Newlin took a little jab, saying that
“Lewiston
is going to have to get some better-looking plumbers.”
When
after
Councilman Alfonso J. Bax suggested the photo should have “a
picture of the other end, since that’s the only end of a
plumber
you ever see.”
Edwards
smiled and
laughed. “I’m sitting here with a police chief, a
realtor and a
lawyer,” he said, “but I still work with my hands
and I’m proud
of it.”
Relax
in South Africa
With
modern
metropolises
nestled within sweeping Savannah, South Africa provides a deep
breadth of travel experiences. You have the chance to walk with
magnificent cheetahs, sample sizzling crocodile sirloins, and bask in
the panoramic views above the scenic port city of Capetown.
Even
better, you can
earn a discounted or
free South
Africa trip through VP Supply.
If
you are
interested request more information about the program. Contact Jesse
Kanclerz at jkanclerz@vpsupply.com
or 585-272-1813 ext. 3071.
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Future
Price Adjustments
T&S
Brass and Bronze will implement a price adjustment effective March 1,
2008. This price increase will effect the entire product line
excluding the Safe-T-Link Gas Hose Line, equip products and hose reels.
The adjustment will average 3%.
After Monday March 3, 2008, Brasstech Inc. will be increasing
prices for Newport Brass, PlumbTrim and Brasstech branded products.
Beginning March 3, 2008, Ginger and Motiv brand prices will
increase by an average of 8%.
Woodpro Cabinetry will increase prices March 3. At this time the
company will also discontinue Benchmark and Windham Collections.
Elkhart will be increasing the price of wrot copper fittings by 7%
effective March 14.
You Can
Improve This Newsletter

Let us know what you want to read. Call Jesse Kanclerz at 585-272-1813
ext. 3071 or click
the wrench. |