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Category Archives: Depreciation Deductions

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There’s still time to benefit on your 2016 tax bill by buying business assets

By Legacy Protection, LLP |

In order to take advantage of two important depreciation tax breaks for business assets, you must place the assets in service by the end of the tax year. So you still have time to act for 2016. Section 179 deduction The Sec. 179 deduction is valuable because it allows businesses to deduct as depreciation… Read More »

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