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Congressional deal expands Section 179 tax break

A bipartisan deal between leaders of the House and Senate tax-writing committees would raise limits on the Section 179 expensing provision that is popular with farmers, and the agreement also would restore a bonus depreciation provision to 100%. ....

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Daybreak Jan. 17: Farmers expect significant carbon payments

Farmers continue to show interest in carbon markets, but they expect to see some payments from them, according to our exclusive Agri-Pulse poll of U.S. producers. ....

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Tax panel leaders clinch deal on child credit, business breaks

Tax panel leaders clinch deal on child credit, business breaks
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U.S. Chamber Supports Bipartisan Tax Deal, Calls on Congress to Swiftly Enact It

WASHINGTON, D.C. Neil Bradley, Executive Vice President and Chief Policy Officer at the U.S. Chamber of Commerce, issued the following statement regarding today’s announcement that a bipartisan agreement has been reached to extend critical tax provisions.“The Chamber applauds House Ways and Means Chairman Jason Smith and Senate Finance Chairman Ron Wyden for reaching a bipartisan agreement on extending critical pro-growth tax policies by restoring the deduction for R&D expenses, 100% bonus depreciation, and the EBITDA standard for deducting business interest expenses.“With tax filing season about to begin, there is absolutely no time for delay in enacting this package. Failing to act will only compound the harm of recent automatic tax increases on companies that are investing in research and development and buying new equipment, the very activities we need them doing to help grow our economy and lift wages. These tax increases will continue to be especially difficult for sm ....

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Tax panel leaders clinch deal on child credit, business breaks

Tax panel leaders clinch deal on child credit, business breaks
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