Section 179 Tax Deductions Reinstated for 2014 Tax Year
News Alert: From http://www.section179.org
"Updated Dec 17, 2014 - H.R. 5771 (the Tax Extenders Bill) passed by the House on Dec 3, 2014 was voted on and passed by the Senate on Dec 16, 2014 retroactively expanding the Section 179 deduction limits thru 12/31/2014."
The 179 deduction has been reinstated by Congress for up to $500,000 along with some Bonus provisions. See the link above.
Now may be a good time to review your Thoroughbred products needs and requirements. Purchases this year may be eligible for this deduction.
Contact us should you wish to purchase any Thoroughbred products before the end of the year. As always check with your tax expert for any details regarding your particular situation.
To see all the Thoroughbred products, please click here.
Happy Holidays from your Thoroughbred Team!
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