Finally, the continuation of Section 179 and accelerated depreciation are a good incentive for considering more investments.

FORBES: Fiscal Cliff Tax Deal: What Does It Mean for Small Business?

While this is merely a continuation of the current rule under Section 721 for partnerships, it provides a new opportunity for S corporation shareholders.

FORBES: Business Return Due Dates

Section 201 of the Implementation Act authorizes the President to proclaim such modifications or continuation of any duty, such continuation of duty-free or excise treatment, or such additional duties, as the President determines to be necessary or appropriate to carry out or apply Articles 3.3, 3.5, 3.6, and 3.27, 3.28, and 3.29 and Annex 3.3 of the Agreement.

WHITEHOUSE: The White House