Bobcat of Naples

Information may not be reliable

Information from the -Depreciation Bonus Information Clearinghouse-

On Sept. 27, President Obama signed the Small Business Jobs Act (H.R. 5297 ) into law, reinstating the 50 percent depreciation bonus for 2010 (retroactive to the beginning of the year) and increasing Sec. 179 expensing levels to $500,000 (and the phase-out threshold amount to $2 million) for 2010 and 2011.