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Tax Extender Legislation Comes Late in Game

The House of Representatives voted 378 to 46 to retroactively extend $45 billion in tax deductions for the 2014 tax year, allowing millions of businesses and individuals to claim them on this year’s returns. On Dec. 19, 2014, President Obama signed the Tax Increase Prevention Act (H.R. 5771) into law.

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EPA Will Not Regulate Fly-Ash As Hazardous Material

The Obama administration announced the first federal regulations for disposal of fly-ash from power plants in an attempt to shield the environment from the toxic substance, however it will not define fly-ash a "hazardous material."
The new rule from the Environmental Protection Agency (EPA) sets structural integrity standards for all existing and new disposal sites to reduce the chances that they will leak or break. It also requires that new fly-ash ponds be lined and not located in sensitive areas like wetlands and earthquake zones.

 

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IronPlanet, Cat Auction to Merge

IronPlanet, a leading online marketplace for buying and selling used heavy equipment and trucks, and Associated Auction Services LLC, an alliance of Caterpillar and several of its independent Cat dealers that operates under the name of Cat Auction Services, have signed an agreement to merge the two companies.

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Lehigh Hanson Announces Quarry Life Award Winners

Lehigh Hanson Inc., a wholly-owned subsidiary of HeidelbergCement, is announced the 2014 Quarry Life Award winners for North America. The Quarry Life Award program is HeidelbergCement’s international research and education competition focusing on mining sites and the need to raise awareness about the biological value of mineral extraction sites worldwide.

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