Happy New Year
January 1, 2016
Happy New Year and welcome to 2016!
This new year brings forth an amazing new tax extenders bill passed just before the Christmas holiday. Of specific interest to many of my clients, the key provisions included:
- keeping the section 179 expenses and making them permanent. At least now we have consistent guidance for us to plan. For the past few years, we've had to wait and see if our capital expenditures would qualify for bonus depreciation and/or 179 expense eligibility.