Wednesday, December 2, 2015

Tax Extenders for 2015

Current speculation is that the only tax extender that will done by Congress this year is the direct charitable transfer of $100,000 out of your IRA because of all the pressure from the charities. This is bad news for those businesses that are counting on the section 179 depreciation increase from $25,000 to $500,000. I'll keep you posted on any changes.

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