ARA Members-Your Help is Needed
Urge your legislators to act now to maintain key tax provisions in the Tax Cuts and Jobs Act that are set to expire in 2025.
Action Alert: Protect Key Tax Provisions for Rental Businesses!
The success of rental businesses like yours is at risk! Critical provisions in the Tax Cuts and Jobs Act (TCJA) are set to expire at the end of 2025 if Congress does not act. These provisions provide significant tax relief and support for businesses, including:
- Depreciation and Expensing: Essential for maintaining and upgrading your properties.
- Federal Estate Tax: Reduces the burden on family-owned businesses during generational transitions.
- Section 199(A): Provides crucial tax deductions for pass-through businesses.
- Corporate Tax Rates: Keeps tax rates competitive for C-corporations.
- Section 163(j) Limitation for Business Expense: Maintains favorable interest expense deductions.
Take Action Now and make it personal by including your company name and location in the personal message section to demonstrate how these changes affect businesses in their district.
Your voice matters! Click the Red "Send Message" button to automatically send your message to your Members of Congress urging them to prioritize extending these vital tax provisions for rental businesses. Encourage them to keep tax reform at the forefront of their legislative agenda for the 119th Congress.
By acting today, you can help ensure your business and others in the rental industry continue to thrive.