Depreciating Assets in Your Company

March 2013
BusinessWest;3/25/2013, Vol. 29 Issue 21, p42
The article focuses on the changes of rules under the American Taxpayer Relief Act of 2012 regarding the depreciation of assets in one's company. It says that the deduction limit was rose with the Small Business Act of 2010 under Section 179 and extended thereafter with the increase of the American Taxpayer Relief Act. It mentions that the bill has also extended the 50% first-year depreciation under Code Section 168K.


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