179D Tax Deduction and tax extenders during Lame Duck
A message to our clients and interested parties regarding the extension of 179D Tax Deduction As we approach the end of 2014 with Tax extenders still in limbo, we see the same question asked over and over again…is Congress going to get a Tax Extenders Bill done? Currently the real answer is that no one […]
Business Owners Can Be Optimistic About 179D Tax Deductions
Even though maximal deductions of the past 179 tax section were more than double than what they are now business taxpayers can still be hopeful towards a future extension. For those who did not already know, section 179 of the tax code serves business taxpayers who are currently deducting approved equity throughout the tax year, […]
179D Tax Deduction Status and Extension Update
With the proposed extension of Section 179D Tax Deduction in the EXPIRE Act currently blocked in the Senate by a battle over the allowance of amendments, we look at the house for possible action. Chairman Camp of the House Ways and Means Committee has implemented an approach different than the extenders bill proposed in the Senate. His […]
