2021 Tax Deductions for New & Used Equipment Purchases
Thanks to IRS Section 179 and bonus depreciation guidelines of the Federal Tax code, businesses (large or small) investing in new equipment may be eligible to deduct 100% of the…
The Rising Trend of Low and Non-Alcoholic Beers
Across the country, beer drinkers are turning to healthier alternatives to their favorite drinks. Rather than reaching for high-alcohol content beverages, many are now choosing low and non-alcoholic beers. These…
What’s Happening with Ohio’s Craft Brewing Industry?
Across the U.S., beer drinkers are now developing a taste for unique beverages distinct from the classic beers of the past. New craft beers are entering the industry at a…
How Craft Breweries Can Use the Reduced Federal Excise Tax
Under the Craft Beverage Modernization and Tax Reform Act (CBMTRA) the Federal Excise Tax (FET) has been temporarily lowered for breweries, wineries and distilled spirit producers until December 31,…
Why It Pays to Buy Used Packaging Equipment from SMB Machinery
Not all production and manufacturing operations purchase new packaging equipment. In fact, a large percentage of businesses prefer to invest in previously owned machinery. Provided it is properly overhauled and…
SMB Machinery Launches New User-Friendly Website
SMB Machinery has been rebuilding process and packaging equipment for more than two decades. Now the company’s web site has been given a total makeover that makes it more accessible…