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Section 179 is back – Maybe

capital expenditure tax write-offs, economy, GreasyMachines.com, manufacturing sector, section 179, US economy, US manufacturing

The House has voted to reinstate the accelerated tax write-offs under Section 179 that expired 12/31/13.  This time there is no expiration.  Senate action and President Obama signature are pending.  Details reported by Bloomberg http://www.bloomberg.com/news/2014-06-12/house-votes-to-give-small-business-quicker-tax-writeoffs.html

Contact your senator!!