ALEXANDRIA, VA (PRWEB) February 13, 2015
The Association of Pool & Spa Professionals (APSP) has joined 173 other industry organizations in a massive show of support for H.R. 636, the America’s Small Business Tax Relief Act of 2015.
This important legislation would restore the small business expensing—sometimes called Section 179 expensing—level to $500,000, including limited improvements to real property and permanently index the level to inflation.
“We represent thousands of small businesses in America and we strongly support this legislation because it will allow business owners the ability to maximize investment in their companies,” said APSP President and CEO Rich Gottwald. “This is not a tax loop hole or a tax break. It simply gives companies the ability to recover the cost of investing in their own businesses more quickly than if they use depreciation.
“Passage of this legislation permanently maintaining small business expensing at $500,000 will increase investment, help create jobs, and alleviate uncertainty. These are critical issues for our industry’s small businesses, which continue to experience significant economic challenges,” said Gottwald.
A copy of the signed letter can be read here.
For more information, contact APSP Director of Government Relations, Jennifer Hatfield.
The Association of Pool & Spa Professionals (APSP) is the world’s oldest and largest association representing swimming pool, hot tub, and spa manufacturers, distributors, manufacturers’ agents, designers, builders, installers, suppliers, retailers, and service professionals. Dedicated to the growth and development of its members’ businesses and to promoting the enjoyment and safety of pools and spas, APSP offers a range of services, from professional development to advancing key legislation and regulation at the federal and local levels, to consumer outreach and public safety. APSP is the only industry organization recognized by the American National Standards Institute to develop and promote national standards for pools, hot tubs, and spas. For more information, visit APSP.org.