Special 50% Bonus Depreciation Allowance - Tax Year 2009

For tax year 2009, taxpayers are allowed an additional 50% bonus depreciation allowance on certain qualified property. This special "bonus" depreciation applies to most types of tangible property and computer software acquired and placed in service in 2009. This "bonus" depreciation is in addition to the regular depreciation allowance.

Click here for information on the increased IRC Section 179 Expensing Limitations for year 2009.

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