This bill (H.R. 947) would offer tax incentives for moving manufacturing to the U.S. This would include permanent full expensing for equipment purchases and accelerated depreciation for commercial realty used for relocated manufacturing (a recovery period for depreciation of 20 years versus the usual 39 years). Chances of enactment; who knows? #IdeaoftheDay
Remember, the free online Supplements to the tax books are available!
