Regulations and Government
Congress Renews Bonus Depreciation, R&D Credit For 2014
GA groups call tax measures important to job growth and investments.

The Senate on Tuesday passed the one-year extension of the research and development tax credit, bonus depreciation and dozens of other tax breaks, pushing debate over long-term renewal of the measures into 2015. Even so, general aviation groups were pleased that the measures will be in effect for 2014. 


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