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A Case for Showrooms Making, Not Wasting, Money
Hard to envision technologies like unified communication and collaboration lend themselves to showroom selling for integrators like Ontario-based Advanced.
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FBI Wall of Honor Celebrates Fallen Heroes
Interactive 55-inch touchscreen display in each office remembers those who’ve died on the job.
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Meet the 2014 CI Industry Leaders
CI recognizes these 50 firms as the top integrators serving 12 key verticals and analyzes how to succeed and fail in each.
 4 of 5
NYC Skyline or 288’ Video Wall? This Firm Chose Both
State-of-the-art AV system installed at Havas Group's new headquarter office delivers HD content to 250 rooms and includes an 8-foot by 36-foot multi-purpose video presentation system.
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Ferri Lights Up All-LED SportsCenter Studio
Lighting design company Ferri installs more than 1000 fixtures in Bristol, Conn. flagship, also lights LA studio.
Congress Eyes Death Tax Repeal
Death Tax Repeal Act of 2013 would help inheritors of small businesses avoid paying an inheritance tax.

Article


Death Tax Repeal
July 03, 2013 | by Jason Knott

Congress is making another attempt to eliminate the so-called death tax that, due to the high tax liability, can force integrators and other small businesses to sell or close rather than have their children inherit the business.

This is probably relevant to the commercial integration industry in which more than a few companies are family owned.

Two bills - H.R. 2429 introduced by Representative Kevin Brady (R-Texas) and S. 1183 introduced by Senator John Thune (R-S.D.) - would call on the IRS to eliminate Inheritance Taxes and reduce Gift Taxes over a 10-year period.

Small businesses that often declare their business income as personal income are affected by the Inheritance Tax. The bill creates a scale for Gift Taxes between 18 percent for gifts under $10,000 to 35 percent for gifts more than $500,000.

The likelihood is low that the revenue-reducing bills, dubbed the “Death Tax Repeal Act of 2013,” will pass the Democrat-controlled Senate. The introduction of the bills was hailed by the National Association of Electrical Distributors (NAED). The group cites a study from the Congressional Budget Office that says repeal of the death tax would create 1.5 million new small business jobs and cut the nation’s unemployment rate by one percentage point.

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Casey - another great project! 


Your design and implementation came out a amazing!

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