Small Businesses Get a Permanent Tax Break on Buying Equipment

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Small Businesses Get a Permanent Tax Break on Buying Equipment

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Tucked inside the mammoth tax and spending bill passed by Congress this month is a much-anticipated provision that will lock in a large tax break for small-business capital investments that has been temporary until now.

Small Businesses Get a Permanent Tax Break on Buying Equipment

Companies can buy up to $500,000 worth of items like computers and machinery and write the expense off immediately instead of depreciating it over time.
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