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Great Depreciation Gift in New Tax Act!

Rick Williford dental CPA calls this a new tax stocking stuffer. Follow the link for the details. The basic news is that if you have or are planning to make some high tech investments the new tax rules could save you some significant bucks.

For new property placed in service between 9/8/10 and 12/31/11 you can write off 100% with no limit and 50% for 2012.

via Great Depreciation Gift in New Tax Act! | Willeford Group, Dental CPAs & Advisors Blog.

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