NAR Letter to Full House Supporting HR 4457 - America's Small Business Tax Relief Act of 2014
Issue Date: June 10, 2014
US HR 4457 - America's Small Business Tax Relief Act of 2014
NAR Letter to the full House encouraging a yes vote on H.R. 4457 - America's Small Business Tax Relief Act of 2014. This legislation would permanently restore the amount of investment in business property that small enterprises may immediately write off – often known as Section 179 expensing – to $500,000. The Act would also include certain limited improvements to real property in the higher threshold and permanently index it to inflation.