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Energy Center > Tax Saving for 2009 Equipment Purchases
Tax Saving for 2009 Equipment Purchases
The Recovery and Reinvestment Act of 2009 increases the allowable depreciation expense on new equipment purchases for businesses of all sizes. Now is the time to make new equipment purchases due to:
- Enhanced 2009 tax benefits
- Extra 50% bonus depreciation
- Reduced equipment lease rates
- Section 179 expense allowance has doubled
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