179D News – Tax Deduction Extended in 2016
News for the 179D Deduction in 2016 01/2016 – “Protecting Americans from Tax Hikes Act of 2015” (PATH Act) has been passed by the House and Senate which was signed into law on December 18, 2015. The bill expanded the Section 179 deduction limit to $500,000. The Section 179 Deduction is finally permanent at the $500,000 level until further notice. […]