Congress Approves Tax Extender Bill

Limited Time Tax Benefits

Congress is sending to the President a measure that increases small business expensing and bonus depreciation, which will allow you and your customers to expense a larger portion of equipment purchases for 2014.  The new bill will benefit automobile and truck dealers and their customers.  These provisions apply to purchases in 2014 only.  Dealers and their customers must act quickly to take advantage of these tax benefits.