TITLE

Depreciating Assets in Your Company

AUTHOR(S)
EGER, DAN
PUB. DATE
March 2013
SOURCE
BusinessWest;3/25/2013, Vol. 29 Issue 21, p42
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
86718584

 

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