The aircraft depreciation tax has contributed to the seller’s market for the last several years, but—as of time of writing—the tax has not yet been renewed.
Credit: iStock/Getty Images/Jetlinerimages
Will Congress restart the bonus depreciation clock? Hill watchers are hopeful. The House passed the Tax Relief for American Families and Workers Act on Jan. 31 by a vote of 357-70. Senate Majority Leader Chuck Schumer expressed support for the bill. The Senate Finance Committee recommended extending...
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