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The Taxman Comes: Bracing for the End of Bonus Depreciation

By Nancy A. Geary

Part One of a Two-Part Series

Imagine a very successful equipment leasing company that showed little or no profit for the last 4 years, and so, paid little or no federal taxes. This year, that same company could show a $5 million profit and face a federal tax bill that could easily total $2 million.

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