Missing the Breaks
Catch up on tax breaks we lost at the end of 2013
The conclusion of 2013 brought an end to 55 tax breaks, including, most notably, enhanced Section 179 and bonus depreciation, and the Research & Development Tax Credit, as well as the introduction of the new fixed asset regulations. The following discussion seeks to address the ramifications of the expiration of these highly favored deductions and clarifies some of the underlying concepts contained in these new complex regulations.
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