The Small Business Jobs Act of 2010, signed into law on Sept. 27, provides several incentives for businesses to make capital investments in 2010. These incentives include the extension of the additional "bonus" first-year depreciation deduction on the purchase of new depreciable property and the expanded ability of small and midsized businesses to fully deduct the cost of eligible new property.
October 12, 2010 at 12:00 AM
1 minute read
Capital Gains
The Small Business Jobs Act of 2010, signed into law on Sept. 27, provides several incentives for businesses to make capital investments in 2010. These incentives include the extension of the additional “bonus” first-year depreciation deduction on the purchase of new depreciable property and the expanded ability of small and midsized businesses to fully deduct the cost of eligible new property.
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