Brixey & Meyer Blog

    President Obama Signs the PATH Act of 2015

    Posted by Jeff Kujawa on Dec 21, 2015 10:42:37 AM

    President Obama signed the Protecting Americans from Tax Hikes (PATH) Act of 2015, which extends or makes permanent many expired provisions retroactive to January 1, 2015.  Permanently extended: Section 179 deduction up to $500,000 and R&D tax credit; 5 year extension: 50% bonus depreciation and WOTC.  See article for full details of all provisions.

    Topics: Tax Planning