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Archive for July, 2016

Organizational Checkup Survey

Tuesday, July 26th, 2016

Organizational-Removal-Checkup-Survey

Buy a SMITH with a Section 179 Deduction

Wednesday, July 20th, 2016

Section 179

If you are looking at purchasing or leasing new or used surface-preparation or other equipment, here is great tax savings news.  You can deduct all purchases up to $500,000 under Section 179.

A 50% bonus depreciation has been reinstated for tax year 2016, and is extended through 2019 under Section 179.

This means you can deduct an additional 50% of the amount over $500,000, in addition to your standard depreciation deduction. This applies to equipment acquired and put into service during both 2016 and 2017. Bonus depreciation will then phase down to 40% in 2018, and finally to 30% in 2019. When applying these provisions, Section 179 is generally taken first, followed by the bonus depreciation.

The good news is, you can buy SMITH or other equipment for your operations on credit or lease, and benefit from the tax savings.

Download the “Create Your Own Tax Break” page below. It includes an excellent tax savings equipment lease/purchase example.

If you have any questions, please contact our financing expert, Leslie Conway at Marlin Leasing by phone at 856-505-4315, or email Lconway@marlinfinance.com

To get a SMITH equipment lease estimate please click here.  If you are looking for a quote, please contact your SMITH Representative directly.
Section 179


 

OSHA New Rule for Silica Dust Exposure affects Surface-Prep Contractors

Saturday, July 9th, 2016

Silica Damage OSHA quote

A new OSHA rule went into effect on June 23, 2016, affects pavement maintenance and concrete maintenance contractors.   Details are available here

OSHA Fines that have increased over 75% as of August 1. Read more here

If you are operating equipment that produces silica dust, consider shrouding your equipment and adding a vacuum port that can attach to an approved HEPA filtered vacuum system collect any airborne dust.  If you cannot accomplish this yourself, please contact your SMITH Specialist for assistance.

Key OSHA Provisions:

◾Reduces the permissible exposure limit (PEL) for respirable crystalline silica to 50 micrograms per cubic meter of air, averaged over an 8-hour shift.

◾Requires employers to: use engineering controls (such as water or ventilation) to limit worker exposure to the PEL; provide respirators when engineering controls cannot adequately limit exposure; limit worker access to high exposure areas; develop a written exposure control plan, offer medical exams to highly exposed workers, and train workers on silica risks and how to limit exposures.

◾Provides medical exams to monitor highly exposed workers and gives them information about their lung health.

◾Provides flexibility to help employers — especially small businesses — protect workers from silica exposure.

Upgrade your Surface Preparation and Stripe Removal Equipment

SMITH surface preparation and stripe removal equipment are ready equipped with vacuum ports and skirting to contain airborne dust.  SMITH also offers a full line of HEPA vacuum systems to attach to any of your dust producing equipment.  Details on approved HEPA vacuum systems and prep equipment, please click here.

 
© 2017 SMITH Surface-Prep Solutions - 1610 S. Dixie Highway, Pompano Beach, FL 33060-8913
Toll Free: 1-800-653-9311 | Ph: 954-941-9744 | Fax: 954-545-0348
Specifications and data are subject to change without notice.