As predicted the Senate has passed a year-end budget deal that would increase the Section 179 limit from $25,000 to $500,000. The deal was passed earlier today and has been sent to the President for signature to which the White House is reporting the President will sign into place. This is outstanding news for organizations looking to make major capital
As we find ourselves in the middle of the holiday season, Absolute Robot would like to remind our customers who prefer to take advantage of the Section 179 tax deduction that they only have 15 days left from today to do so! This year the 2015 deduction limit has been set at $25,000.