2015 Section 179 “depreciation” update.

Source: Farm Journal, June 22, 2015 “Expect Section 179 Update Soon”

The US farm industry lobby is one of the most powerful in Congress.  Last year, they predicted the Section 179 fix by Christmas. It arrived December 19.

In this recent article, they state that indicators point towards Labor Day for news on the 2015 year.   They also indicate that this might be a two-year fix.  If so, small business across the US would at least have stability for the 2016 tax year.

We will post news as soon as we hear it.  We strongly hope that this prediction is accurate.

Keep tuned…