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Senators Introduce Legislation To Fix Restaurant Tax Glitch

Written by The Ashton Report

Senate Republicans screwed up when they passed their late 2017 tax-cut law. They intended to allow restaurant and retail owners to write off renovations and other capital improvements in the year they were made. But a “drafting error” instead moved the write-off period to 39 years instead of the 15 years that was already on…

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