Congress voted in December 2015 to make permanent a 100 percent deduction for capital investment, up to $500,000. (It is retroactive through 2015, according to www.Section179.org.) Investments above that level, up to $2 million, are deductible at a lower rate.
Cabinets & Closets Expo 2016 is the first big show with running wood manufacturing machinery and controlling software to take place since Congress made permanent the investment tax incentives known as Section 179.
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