BUYERS’ BENEFITS REMAIN STRONG IN 2012
“Expensing and bonus depreciation are not mutually exclusive. In fact, there are situations where both can apply to the same property.”
Two very beneficial tax benefits are available to buyers for purchases made during the rest of 2012. After 2012, those benefits are scheduled to expire or decrease significantly. The two benefits are “bonus depreciation,” which is scheduled to expire at the end of the year, and the “expense allowance,” which is scheduled to be much smaller.