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The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 provides 100% depreciation bonus for certain machinery and equipment placed in service after 9/8/2010 through 1/1/2012. For equipment placed in service after 12/31/2011 and through 12/31/2012, the bill provides for 50% depreciation bonus. Normally, businesses recover these capital investments through annual depreciation deductions spread over several years. Both of these provisions encourage these investments by enabling businesses to write them off more quickly. Questions? Call one of our experienced staff today. 701-282-3300.

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