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Firms Given More Time To Qualify in Tax Delay
Washington AP report on Treasury relaxing depreciation rules to allow about 95 percent of industry to use faster tax writeoffs allowed since 1962. New transitional allowance extends beyond three years, easing eligibility and reducing examinations. Some lawmakers and business groups react with mixed views on relief and the reserve ratio test.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Stanley Surrey
Gress
Williams
Del
Sen
Carlson
Kan
O.P
Hartke
National Small Business Association
Sen. Hartke
D-Ind
Highway 218
Irregal Riverside
Ainsworth
Riverside