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Renewal of Sec. 179 Expensing and Bonus Depreciation Offers Tax-Saving Opportunities

by Richard H. Sternberg | Mar 11, 2016   ()

The recently enacted Protecting Americans from Tax Hikes (PATH) Act of 2015 made a number of significant taxpayer-friendly changes in the tax law, but few have a wider impact on ordinary businesses than the retroactive permanent extension of the enhanced Code Section 179 expensing rules and the five-year extension of 50 percent bonus first-year depreciation. Read More

Source: Accounting Web
Source: Accounting Web

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