Sentences with phrase «allow immediate expensing»

Examples include provisions that allow immediate expensing or accelerated depreciation of certain capital investments, and others that allow taxpayers to defer their tax liability, such as the deferral of recognition of income on contributions to and income accrued within qualified retirement plans.

Not exact matches

On the corporate side, both the House and Senate would permanently lower the corporate tax rate to 20 % and allow for immediate expensing of capital expenditures.

We would be more constructive on the efficacy of immediate expensing as a stimulus if tax writers allow tax carry forward losses to accrue an annual real rate of return as prescribed in the House bill (H.R. 1).

Taking the cost of the equipment as an immediate expense deduction allows the business to get an immediate break on their tax burden whereas capitalizing then depreciating the asset allows for smaller deductions to be taken over a longer period of time.

Normal is the baseline — switching to Sport sharpens up the throttle response for more immediate acceleration and adjusts the transmission program to allow higher revs and better access to the stated power at the expense of a few mpgs.

Using the equity you have on your home for immediate cash allows you to pay for expenses of all kinds, whether it be home renovations, college tuition, or medical bills.

Final expense plans allow you to purchase immediate protection with permanent lifetime coverage and you can not be turned down due to health problems if you meet the age requirements for acceptance.