House to Consider Extending Sec. 179 Tax Provision
December 03, 2014
A one-year extension of the Sec. 179 tax provision will be taken up by the House of Representatives this week. The current bill under consideration would allow businesses to deduct up to $500,000 for investments in new equipment and property, phasing out for investments exceeding $2 million. ADA members sent over 6,000 letters to Capitol Hill urging lawmakers to extend this important provision, which allows dentists to purchase equipment necessary to deliver high-quality dental care. There is still time to contact your member of Congress on this important issue. Please visit this site to take action.