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  • Act Now: Take Advantage of 100% Bonus Depreciation Opportunities

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  • Act Now: Take Advantage of 100% Bonus Depreciation Opportunities

     For a limited time, companies have the opportunity to write off 100 percent of qualifying asset purchases ? and achieve major tax savings as a result. Now?s the time to examine the possible tax savings and take your findings to your corporation?s decision makers before the tax break goes away. 
     
    The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 increased the 50 percent depreciation deduction to 100 percent through 2011. In 2012, bonus depreciation reverts to 50 percent.


    Thomas Armand, CPA | 07/29/2011