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Take Advantage of Accelerated Depreciation When You Purchase Assets This Year
Since the recession in 2008 caused by the housing bubble and the global
financing crisis the US Government has tried various stimulus packages to
attract additional corporate investment. Particularly there were a series of
what were billed as “one time” accelerated depreciation programs. These allowed
for up to 60% accelerated depreciation instead of the standard 20% straight line
depreciation method.
