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Bonus Depreciation
Jan. 12, 2011
Douglas Millington
and
2 other people
answered this question
Can someone explain about the bonus depreciation section of the new Tax Act Obama just signed?
Before talking about bonus depreciation let's take a look at the usual tax implications of businesses purchases. A business spends money during the year in two broad areas - services and things. Spending money on things could be office supplies, computers or inventory to name ... more
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