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Are you maximizing your business tax benefits?

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The end of the year is quickly approaching, and a few expiring tax rules might encourage business owners to accelerate the purchase of equipment, furniture, computers or other non-real estate assets. Local tax experts listed several key items to talk to a tax professional about before the end of the year. One big item is called Bonus Depreciation. The tax law for 2013 allows a company to accelerate the depreciation of new equipment put into operation this year. Business owners can depreciate 50…

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