Why wait to deduct your purchases? Turbocharge tax deductions with bonus depreciation and Sec. 179
$225.00
Description
Abstract: The Tax Cuts and Jobs Act (TCJA) creates many saving opportunities for business owners. This article compares and contrasts two especially lucrative breaks for capital-intensive manufacturers: the expanded first-year bonus depreciation deduction and the first-year Section 179 deduction. These breaks provide accelerated deductions for qualifying purchases of property, plant and equipment.
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