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
Wednesday, December 24, 2014
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