PGAMA and PIA Member Urges Congress to Consider Small Business Tax Reform
Bearden zeroed in on industry support for Congress making permanent section 179 expensing to allow Linemark and other small printers to deduct investments in new equipment, computer software, and property up to $250,000.
“In an environment of a rapidly changing communications marketplace, it is vital that small printers be able to continually modernize their product and service offerings,” said Bearden. “When I say I’m in the printing business, I’m often asked if the Internet is killing off my profits. People are surprised to hear it’s quite the opposite; there are tremendous growth opportunities in combining old school ink-on-paper printing with online and social media technologies. But it takes serious capital investment in order for small printers to evolve.”