List Your Equipment  /  Dealer Login  /  Create Account

Good Tax News for 2014

Obama Signs Key Industry Legislation

Wed December 24, 2014 - National Edition
Construction Equipment Guide

President Obama signed the Tax Increase Prevention Act into law Dec. 19. Among the 50 expired tax breaks the bill extends is a reinstatement of the 50 percent depreciation bonus for 2014 and an increase of the Section 179 expensing levels this year to $500,000 with a $2 million phase-out cap. Both of these tax breaks expired Dec. 31, 2013. In addition to affecting equipment purchases made in 2014 retroactively, this bill would in effect create a window for last-minute purchases made prior to Dec. 31, 2014, to be included.

Visit and AED’s www. for more information.

Today's top stories

Crews Continue Important Highway Corridor Project After 10-Year Lull

HCEA Announces Antique Construction Equipment Show Dates

New First-of-Its-Kind Machine Works On Lake Restoration

IDOT's $1.5B Council Bluffs Interstate Project Is Ahead of Schedule

ConExpo-Con/AGG, IFPE Announce Inaugural Next Level Awards Program

Cat 350 Excavator Delivery Productivity, Enhanced Sustainability

McGeorge Contracting Works to Complete King Expressway/Hot Springs Bypass Extension

Kirby-Smith Machinery Names Sam Schneider as General Manager, Industrial Equipment

ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo
39.04690 \\ -77.49030 \\ Ashburn \\ VA