Section 179 Business Deduction Returns

It was late in the game, but on December 19th, 2014, H.R. 5771, the Tax Increase Prevention Act of 2014 retroactively expanding the Section 179 deduction limits thru 12/31/2014 has been enacted. The new law reinstates the limit on Section 179 to $500,000 as well as reinstates 50% Bonus Depreciation. If you have been thinking […]

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