Bonus Depreciation Extension for 100% – Tax Cut Passes

Today the Senate passed the proposed tax cut deal 81 – 19 and now moves to the House of Reps.  We are that much closer to extending bonus depreciation, new Section 179 limitations and energy tax credit benefits. 

I will be updating as we go through Twitter and here on my blog.  Questions about which assets will qualify for the extended bonus depreciation?  I’ll be typing that up later this week.  However, feel free to shoot me questions in the meantime @ alyons@paragon-net.com.

More news related to this topic [read more]

One thought on “Bonus Depreciation Extension for 100% – Tax Cut Passes

  1. Pingback: Sage FAS v2010.1: Bonus and 179 Info « Crazy About Your ASSETS | b-l-o-g

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