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Tag: five-year modified accelerated cost recovery system (MACRS)
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Payment Due? Expiring bonus depreciation could pose tax risks By Lauren Heartsill Dowdle Contractors may receive an unpleasant surprise when they review their taxable income for 2012. With bonus depreciation dropping this year by half and completely expiring in 2013, many will face higher tax gains on sold equipment and lower depreciation deductions. Passed in […]
May 24, 2012
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