Tag Archives: tax depreciation law

Equipment Depreciation Tax Law Extended

In mid-December, President Obama signed into law an extension and expansion on The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010. The law, among other things, provides 100 percent depreciation bonus for equipment placed in service after December 31, 2011. The tax law then provides for 50 percent depreciation bonus for equipment [...]

Read more