A typo in the 2017 tax reform law requires restaurants and retailers that remodel to depreciate the costs over 39 years instead of taking a one-time write-off, write National Restaurant Association President and CEO Dawn Sweeney and National Retail Federation President and CEO Matthew Shay. "Now that the elections are behind us and Congress is back in Washington for its lame-duck session, the time has come to correct this mistake and uncover the full benefits of tax reform," they state.
Opinion: Congress should fix tax law typo this year
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