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Well-known member
Here is another very important matter that bears consideration.
The tax deduction which allows a small business to deduct up-front rather than depreciate $500,000 worth of equipment purchases, is expected to shrink to $125,000 next year then fall further in 2013 to $25,000.
This information gives me the impression that a intelligent well informed entrepreneur would buy his equipment this year instead of waiting to get screwed.
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If they did not know, their accountants should have told them. You can be they did.