Tag Archives: Tax credits

Tax Deductions Section 179. Tax Credits in 2014

Tax creditsOn December 16, 2014 the U.S. Senate passed a $42 billion package of tax incentives with dozens of lapsed breaks for 2014. This may have an impact for companies who acquired software products this year. And there is still time to make purchased and put equipment in place in 2014 as tax credits are set to expire in two weeks. By extending the tax breaks through 2014, Congress did the bare minimum necessary to avoid creating a major disruption to the 2015 tax-filing season or saddling taxpayers with unexpectedly higher bills, as reported by Bloomberg Business Week. There is still time to upgrade your software with CheckPlusCFO secure payment solutions to process checks and electronic payments.

 

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