TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Bonus Depreciation

June 21, 2011

Today TaxMama hears from Scott in the TaxQuips Forum with this question. “How long would you have to keep a business vehicle to take advantage of bonus depreciation deductions? What if I sold a new business use vehicle after three years, are there pena