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Recent tax law adds appeal to asset purchases

$225.00

SKU: DLRmj164. Category: .

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Abstract: Great news for dealerships when it comes to the tax treatment of asset purchases: The increased Section 179 expensing limit for qualifying purchases, as well as the phaseout threshold, has been permanently extended and retroactively reinstated. Also, first-year bonus depreciation has been temporarily extended. This article explains the benefits of expensing and the caveats of the bonus depreciation extension.

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