It’s Official

President Obama signed the Tax Extenders Bill yesterday and now farmers can go out and buy as much equipment as they want before year-end to take full advantage of Section 179 for 2014. I have a feeling there may be a fair amount of “phantom” equipment bought between now and the end of the year.

I know we will be writing about this more next year since Section 179 at the $500k level is only good for 2014, but I promise this is the last post of 2014 on this subject. Merry Christmas to everyone.