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 purchase price of the equipment in 2021.  IRS Section 179 allows qualifying equipment of up to $1,050,000 annually to be fully deducted in the current […]

  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, 2019. Under the current provision, a brewery that produces less than 2 million barrels of beer per year is eligible to pay $3.50 per barrel […]

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 and user-friendly, just like the machinery the company sells. A leading one-stop source for pre-owned and new process equipment and packaging machinery, SMB also offers […]