TITLE

Lock up 7 fleeting tax breaks

PUB. DATE
October 2013
SOURCE
Small Business Tax Strategies;Oct2013, Vol. 8 Issue 10, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents key tax breaks for small businesses in the U.S. in 2013. It mentions that the business can deduct qualified assets of up to $500,000 placed in service under the American Taxpayer Relief Act of 2012 (ATRA). It states that the current version of bonus depreciation permits a business to claim bonus depreciation deduction of 50% on top of other available tax breaks such as Section 179 for qualified assets.
ACCESSION #
91651346

 

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