Most overlooked tax deductions

POSTED: 11:20 AM PST Jan 12, 2012    UPDATED: 12:00 AM PDT Apr 15, 2015 

Waiting until the last minute to file your taxes? Find out how to cut your tax bill by claiming all the breaks you deserve.

18 / 20

Additional Bonus Depreciation -- Business owners can write off 100 percent of the cost of qualified assets placed in service during 2011. This break applies only to new assets with recovery periods of 20 years or less, such as computers, machinery, equipment, land improvements and farm buildings.


The views expressed are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the Terms Of Service and the comment you are posting is in compliance with such terms. 
blog comments powered by Disqus

Most Popular