FARM BUSINESS NEWS
Marcia Zarley Taylor DTN Executive Editor
Thu Jun 12, 2014 09:59 AM CDT


Sec. 179 Depreciation in Limbo Again

Farm equipment sales have hit the skids this year, thanks largely to more modest farm income projections that could cut net revenues far below 2013 levels for crop producers. But uncertainty over the status of Sec. 179 depreciation rules for small business is compounding the problem. The House is scheduled to address the measure in the so-called tax extender bill June 12, but its future in the Senate remains uncertain.

Dozens of national organizations are advocating passage of H.R. 4457, America's Small Business Tax Relief Act of 2014, which will reduce ...

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