Congress has enacted two special rules under MACRS, immediate expensing (§179) and additional first year “bonus” depreciation. With the current limitations in place, will these special rules provide significant business deductions for small and mid-sized business owners? Will these special rulings impact deductions for large corporate entities?

Congress has enacted two special rules under MACRS, immediate expensing (§179) and additional first year “bonus” depreciation. With the current limitations in place, will these special rules provide significant business deductions for small and mid-sized business owners? Will these special rulings impact deductions for large corporate entities?

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter12: S Corporations

Section: Chapter Questions

Problem 9DQ

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Congress has enacted two special rules under MACRS, immediate expensing (§179) and additional first year “bonus” depreciation. With the current limitations in place, will these special rules provide significant business deductions for small and mid-sized business owners? Will these special rulings impact deductions for large corporate entities? *********PLEASE SEND A NEW ANSWER*********** THANK YOU!!!!!
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