You can deduct up to $500,000 of
business equipment that is purchased AND placed in service by the end of
2013. Additionally, new equipment purchased is eligible for a 50%
bonus depreciation deduction. These increased deductions are set to
expire at the end of 2013. There will likely be an extension, however,
the Federal government has not made any decisions regarding depreciation at
this time. Plan now to maximize this opportunity!
Lisa Matuszny CPA
Shareholder
Hobe& Lucas
4807 Rockside Road
Suite 510
Independence, Ohio
44131
216-750-9660
