Last week, the U.S. Chamber of Commerce caught up with Luci to discuss her position on the Small Business Tax Relief Act of 2015 that passed the House of Representatives February 13, 2015.
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AN AUSTIN, TEXAS SMALL BUSINESS WILL LOVE THIS TAX BILL THAT PASSED THE HOUSEFriday, February 13, 2015 – 2:15pm — Written by Ian Wagreich
Any successful small business is always in a state of reinvention and self-discovery. Change or die, as the mantra goes. U.S. Chamber member and Austin, Texas-based Miller Blueprint seems to be taking it on all at once as this three-generation, 95-year-old business moves to a new retail space, rebrands to Miller Imaging & Digital Services and upgrades its printing hardware.
“If I look stressed, it’s because I am,” says owner Luci Miller, as she takes stock of Millers’ retail home since 1969 – a space that’s getting bigger as new printers get smaller. While the large format graphics and Printing Industry has increased its hardware efficiencies, the footprint of all those machines has freed up valuable floor space.
But the dilemma, Miller says, is finding the right time to invest in new equipment. Her business couldn’t compete if it didn’t stay up with technology.
Unfortunately, current tax policy is a barrier to new investment.
“We’d love to see Section 179 expensing amounts raised above the current $25,000 max,” Miller says. “We are hoping for a significantly higher amount so that we may have a tax benefit for making these investments.”