At the end of 2011, the 15 year timeline for depreciating leasehold improvements and a number of other business tax breaks commonly referred to as tax extenders expired and were not renewed for 2012 by Congress. Consequently, building owners have had to return to depreciating leasehold improvements on a 39-year schedule. In an attempt to increase the urgency of the matter, BOMA International, along with 1,500 other organizations, sent a
letter to Congress asking that the extenders package be passed before the end of the year. BOMA International is requesting your help in its efforts to educate Congress and urge immediate passage of the tax extenders package.
Visit BOMA’s
Legislative Action Center and contact your legislators today.
No comments:
Post a Comment