nances: 10 Expired Tax Provisions That Might Affect You

November 25, 2014

Some of these may affect business owners personally, but the last three may affect business taxes for 2014 as well as marketing plans for 2015: Expiration of the Work Opportunity Tax Credit for hiring certain workers, including vets; discontinued Section 179, which allowed small businesses to deduct the full cost of some equipment instead of using a depreciation schedule; and a drop in qualifying asset deduction from $500,000 to $25,000.
 

Read more on Forbes.

 

Overlay Init