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Posted on by Regan Dickinson Posted in News & Trends, Technology & Products
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LexJet Expands Avenues for Government Agencies to Procure Inkjet Plotter Products

Public sector agencies and government authorized contractors that use wide format inkjet plotters, supplies and media can now access LexJet products through GSA Schedule 70 and Solutions for Enterprise-Wide Procurement (SEWP) Government Wide Acquisition Contracts (GWACs).

LexJet, a small business based in Sarasota, Fla., can be accessed directly through GSA Schedule 70 contract number GS-35F-0129Y. LexJet can also be accessed on GSA Schedule 70 through Triad Technology Partners, a woman-owned small business, at contract number GS-35F-0298W.

Wide format inkjet plotter products for government, public sector agencies and government contractors
Rohmann Services Inc., a contractor at the U.S. Air Force Academy, produced this shield for one of the Academy's squadrons on Photo Tex from LexJet. Photo courtesy Lt. Col. James Cunningham

For users of SEWP, LexJet supplies and consumables are available on Four Point Technology’s SEWP IV Contract NNG07DA16B. Four Points Technology is a Service-Disabled Veteran Owned Small Business (SDVOSB).

“First and foremost, I couldn’t be happier with LexJet’s customer service. Our account specialist, Patrick Callaway, is the bomb, and if he’s not available there’s always someone right on the spot to help us out,” says Mark Watkins, Graphic Lead at Rohmann Services Inc., a contractor at the U.S. Air Force Academy in Colorado Springs. “LexJet goes above and beyond, researching products, printers and inks, even if they’re not related to what we’re going to order from LexJet; it’s like having our own technical expert.”

Public sector agencies can also procure LexJet products with GSA pricing by calling LexJet directly at 800-453-9538 or by visiting the website at www.lexjet.com. LexJet has been serving both private and public sector organizations since 1994 as one of the trailblazers in the wide format inkjet printing market.

“We’re working on providing public sector agencies with as many options as possible so they can choose the procurement method that works best for them,” says Jason Metnick, LexJet vice president. “Our goal is to provide government agencies with the best customer service experience they’ve ever had and to make everything they do related to printing as easy and hassle-free as possible.”

In order to meet the goals stated by Metnick, LexJet has developed a nationwide network of distribution centers, backed by a state-of-the-art logistics system, to make shipping quick and painless. Moreover, each public agency account is supported by a personally-assigned account specialist who provides free and unlimited product and technical support.

LexJet carries an extensive line of wide format printers and inks from Canon, Epson and HP, as well as its own line of inkjet media developed for almost every application imaginable, including posters, signs, banners, exhibits, maps, official photo prints, wallcoverings, window graphics, backlits, laser printer applications, and more.

Government agencies looking for sustainable alternatives can take part in LexJet’s inkjet cartridge and banner recycling programs and choose from a wide range of recyclable materials and papers made from wood products grown in sustainable forests.

For more information about LexJet programs, products and services for public sector agencies, GSA Schedule 70 and SEWP GWACs, or if you just need help, email gsa@lexjet.com, go to www.lexjet.com/government.aspx, or call a LexJet account specialist at 800-453-9538. And, to find out what others are saying about LexJet, its customer service and products, go to www.resellerratings.com/store/Lexjet.

Posted on by Regan Dickinson Posted in News & Trends
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Tax Incentives that Deserve a Second Look

By Gina Mascio, LexJet Chief Financial Officer

The Small Business Jobs Act, which was signed into law on Sept. 27, includes several provisions designed to provide tax incentives and relief to businesses. There are several other provisions in the law designed to encourage lending to small businesses.

Some of the key tax-saving provisions of the law include an increase in the Section 179 deduction, an extension of bonus depreciation and an increase in the period during which business credits can be carried back from one year to five years.

Code Section 179 Expensing: The new law increases the maximum amount that may be expensed under Code Section 179 to $500,000 and raises the phase-out threshold to $2 million. This means that business owners who purchase capital equipment for use in their business may be able to deduct the total cost of the equipment in a single tax year rather than depreciating it over a number of years. The enhanced provisions apply to tax years beginning in 2010 and 2011.

For instance, assuming a 34% tax rate, if you were to purchase a $30,000 printer, the tax savings on the Section 179 deduction would be $10,200. The cost of the equipment, net of tax savings is $19,800.

The new law also allows taxpayers to expense qualified leasehold investment property, qualified restaurant property and qualified retail improvement property. The maximum amount with respect to real property that may be expensed, however, is limited to $250,000 of the $500,000 overall limit.

This is a significant increase to the amounts that were previously available to expense. Prior to the enactment of the Small Business Jobs Act, the limit was $250,000 for 2010 and $25,000 for 2011 and real property improvements did not qualify for Section 179.

Bonus Depreciation: This provision allows for an additional first-year depreciation deduction equal to 50 percent of the adjusted basis of the qualified property. Bonus depreciation had expired on December 31, 2009, but the Small Business Jobs Act extended this deduction to purchases made before December 31, 2010. Qualifying property purchased in 2010 (including property purchased prior to the signing date) will be eligible for bonus depreciation.

General Business Credit: The new law extends the carry back period for eligible small business credits from one to five years. If the credit is an eligible small business credit and the business is an eligible small business, the credits generated in 2010 can be carried back five years and carried forward 20 years. The credits can also offset AMT tax. Prior to the new law, the carry back period was one year and the credits were limited in their ability to offset AMT tax.

Most general business credits are considered to be eligible small business credits. An eligible small business is defined as a non-publicly traded entity that has less than $50 million in gross receipts in each of the three years preceding 2010.

You should consult your tax advisor to determine which of these tax planning tips can provide the best benefit for you and your business. To see all of the provisions and how they may apply to your business, click here…