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Tag: tax breaks
Construction Equipment
Obama signs bonus depreciation, Section 179 measure
As expected, Obama has signed legislation reinstating tax provisions that could have a direct impact on whether or not you buy new equipment in the remaining weeks of 2014. The Tax Increase Prevention Act (H.R. 5771) reinstates two provisions that may help contractors press the “buy” button on construction equipment: Bonus depreciation The act reinstates the 50 […]
December 22, 2014
Business
Prepare your construction business for tax changes brought on by Fiscal Cliff
Although you’ve certainly heard of the American Taxpayer Relief Act of 2012 – the bill to avert the fiscal cliff passed January 1 – you might not know everything that’s in it, other than the widely-publicized expiration of favorable tax exemption limits and the increase in the payroll tax. So, is there anything buried in […]
March 4, 2013
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