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Section 179: A Commercial HVAC Contractor's Diamond in the Rough: Tax break allows commercial HVACR contractors to expense equipment immediately.
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- Author(s): WOERPEL, HERB
- Source:
Air Conditioning, Heating & Refrigeration News; 5/14/2018, Vol. 264 Issue 2, p1-15, 4p
- Subject Terms:
- Additional Information
- Abstract:
The article discusses the reduction of the corporate tax rate associated with the simplification of individual tax brackets in the heating, ventilation, and air conditioning (HVAC) industry. It examines the qualification of the nonresidential HVACR equipment purchases with tax cap. It also cites the expansion of the Tax Cuts and Jobs Act for the commercial HVAC contractors.
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