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Tax savings for new equipment.

Publication: Material Handling Management
Publication Date: 01-OCT-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
The Recovery and Reinvestment Act of 2009 extends the 50% bonus depreciation expense authorized by the 2008 Economic Stimulus Act. It dramatically increases the allowable depreciation expense on new equipment purchases for large and small businesses.

For 2009 equipment purchases, buyers can take an extra 50% bonus depreciation. Here...

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