Lock Up Your Frames

Every day it seems that we see Facebook or LinkedIn posts related to theft of eyewear in optical shops all around the world.  Well, Ennco Display Group wants to help you lock up your frames as well as lock down some savings for the holiday and year end.

Lock Up Your Year-End Tax Deductions

IRS rules allow you take advantage of year-end tax deductions in several ways…and this is a great time to do it!  Under Section 179 expensing, you can elect to deduct “removable” personal property expenses up to $500,000 if your total acquisitions are less than $2,010,000.  (I don’t know any of us that will get to use this one!).  The rest of us can use the “new repair regulations” that allow you to expense “removable” personal property under the De Minimus rule up to $2,500 per item/invoice.  This rule covers things like small tools and equipment such as “DISPLAYS”.  If the items are “put into service” (screwed into the wall!) before Dec 31st, 2017 you should be able to use them as a tax deduction! ** Everyone has a different tax situation. Check with your own accountant to determine your best year end options. **