U.S. House Extends Three Year Tax Depreciation

U.S. House Extends Three Year Tax Depreciation

A key provision that extends three-year tax depreciation for all racehorses through 2020 today passed the House of Representatives by a vote of 297-120. The racehorse provision is part of a larger tax package agreed to by Republican and Democratic leaders and now expected to be taken up by the Senate in the next several days. Read More
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