We often hear politicians from both political parties refer to small businesses as the backbone of the American economy. There is a very simple way that Washington politicians can empower small businesses and create jobs right now. Congress can extend the expense limit allowed under Section 179 of the IRS tax code. This allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year.
That means that if you buy or lease machinery, vehicles and fixtures, you can deduct the full purchase price from your gross income. It is important because it stimulates the economy by encouraging small businesses to purchase equipment and hard assets. It also allows small businesses to have more cash on hand to operate and expand.
Please click here to contact your member of Congress and our Senators. It will take less than five minutes and do so much for the economy.
SBAC Healthcare Marketplace
Whether you are a health insurance broker, a fitness trainer, a physical therapist or in need of any of these types of services and many more healthcare related services and products, please click here to check out the SBAC healthcare marketplace.
SBAC/ MCHC Small Business Health Care Summit
Date and Time: Wed, 12/03/2014 – 10:00am – 2:00pm
Location: MCHC’s headquarters- 222 S. Riverside Plaza, Suite 1900
Who Should attend?: Anyone interested in learning more about the SBAC/LLH Health Insurance plan.
Click here to purchase tickets.