U.S. Senator Pat Roberts (R-Kan.) on June 24 introduced legislation that seeks to amend the U.S. tax code to indefinitely renew the expired tax break known as bonus depreciation.
More
NATSO filed comments April 15 with the Senate Finance Committee in response to the committee’s call for stakeholder and public input on how best to overhaul the nation’s tax code. More
The U.S. House of Representatives on Feb. 13 voted 272 to 142 in favor of H.R. 636, America’s Small Business Tax Relief Act of 2015, which would permanently extend Section 179 expensing of up to $500,000. More