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Archive for December, 2014

Section 179 Tax Break

Posted by Tom Hayes

Late Tuesday evening HR.5771 was passed by the Senate having already been approved by the House on December 3rd. Once signed by the President into law (sources indicate he will sign this bill) the law will extend the tax breaks regarding Increased Expensing and Bonus Depreciation that expired in 2013 through December 31, 2014.

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