More Expired Tax Breaks for Small Businesses

Here are a few more tax breaks that expired at the end of 2013:

• 15 year depreciation for leasehold improvements and restaurant rennovations.
• The work opportunity tax credit for hiring disadvantaged workers.
• The research and development credit.

We can hope that congress will extend these breaks sometime in 2014.

- Mark S Gleason CPA
  www.lakes-cpa.com