With bonus depreciation extended through 2019, we were wondering just how many readers have or planned to take advantage of this legislation for equipment purchases.
The current bill allows the full 50 percent for property placed in service during 2015, 2016 and 2017, then phases down to 40 percent in 2018 and 30 percent in 2019, according to an analysis by John McClelland with the American Rental Association (ARA). With that in mind, two questions:
You can read more about the bonus depreciation extension and the Section 179 tax breaks here.
