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The latest regulations on the depreciation period of machinery and equipment

The new law increases the bonus depreciation percentage from 50 percent to 100 percent for qualified property acquired and placed in service after Sept 27 2017 and before Jan 1 2023 The bonus depreciation percentage for qualified property that a taxpayer acquired before Sept 28 2017 and placed in service before Jan 1 2018 remains at 50 percent

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    Read More
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