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Small Businesses Get a Permanent Tax Break on Buying Equipment
December 24, 2015 /
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.
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The break is intended to make it more affordable for small companies to buy up to $500,000 a year worth of equipment like computers, machinery and vehicles.
By STACY COWLEY
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Posted in: Funding and Building your Business