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Responding on the depression away from 2008, Congress got action to further incentivize investment financing by the speeding up the newest depreciation plan cost savings-wide. Congress provided an extension from fiftypercent added bonus depreciation at the beginning of 2013 in the therefore-titled “fiscal cliff” package, that has been arranged to expire at the conclusion of 2013. Below fiftypercent incentive depreciation, in the 1st 12 months from provider, businesses you may decide to depreciate 50percent of your own base while the remaining fiftypercent is depreciated underneath the typical MACRS recovery months.

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