Wednesday, December 24, 2014

Closing out 2014

     The usual tax deductions and credits that have been renewed at the last minute for the past several years have survived again.  These include measures both large and small, from a $250 deduction for teachers' supplies to $500,000 for business machinery and equipment.
     As usual, they will all expire again on 12/31/2014, leaving Congress to fight over them again next year.
     Here is a link to an article that discusses the details.  Link