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2013 Automobile Depreciation Limits

February 26, 2013 | By | No Comments

This week the IRS issued the 2013 inflation adjustments to depreciation limitations and lease inclusion amounts. The 50% first-year bonus depreciation will apply to only some automobiles, ultimately affecting the depreciation limitations. Because bonus depreciation is only relevant to the first tax year, these limitations are fixed values in the following years. What does this inflation adjustment mean for you?

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