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Bonus Depreciation 2024 Used Equipment. It allows you to deduct up to 100% of the purchase price. You must add otherwise allowable depreciation on the equipment during the period of construction to the basis of your improvements.
Bonus depreciation can be a valuable tax break for businesses that purchase furniture, equipment, and other fixed assets. Compare prices, reviews, ratings, features and more at kelley blue book.
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Category: 2024