Bonus Depreciation 2024 Vehicles . The special depreciation allowance is 80% for certain qualified property acquired after september 27, 2017, and placed in service. Section 179 has an upper limit on assets that can be expenses in 1 year (something like 1.2 million).
Both section 179 and bonus. Combining section 179 and bonus depreciation is a powerful strategy for maximizing tax savings.
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