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Senate Approves Small-Business Tax Relief Measures

Posted 6:15 PM by

Last week the Senate passed a number of small-business tax relief measures as part of the Small Business Jobs and Credit Act. The bill will go back to the House of Representatives for further consideration (the House of Representatives passed a different version earlier this summer). 

View the press release issued by the U.S. Senate Committee on Finance for further detail of measures passed by the Senate. Provisions regarding Section 179 expensing and bonus depreciation could have a significant impact on investment decisions within the manufacturing and distribution industries if ultimately passed.

About the Author
Jason Patch is a partner in Katz, Sapper & Miller’s Audit and Assurance Services Group and leads the firm’s Manufacturing and Distribution Services Group. Jason works with clients to ensure accurate financial reporting, keeping an eye on their bottom line, helping them avoid risk, and maximizing efficiencies. Connect with him on LinkedIn.

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