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On-demand
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1.2 CPE, 1.0 General COA
The Tax Cuts & Jobs Act of 2017 was intended to spur economic growth in the U.S. in several ways, including expansion of immediate expensing for asset purchases. However, taking bonus depreciation may not always be the best option for businesses. Depending on the nature of your business, your profit/loss position, and your capitalization procedures, the optimum strategy for minimizing tax may vary. Join Ryan Sheehan and Lisa Pfenninger of Bloomberg Tax & Accounting to learn about various asset management strategies and how they may apply to your company.
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