A couple of thoughts for today’s segment, which I may or may not get to:
Here are some examples of what the numbers for the 50% bonus the Accelerated Depreciation rule, scheduled to expire 12/31/04 (and discussed here) look like:
Example: Laptop PC
3 year depreciation schedule
2004 depreciation schedule: Year 1: 67% (50% + 1/2 of 33%)
2005 depreciation schedule: Year 1: 33% (1/3 of the value)
5 year depreciation schedule
2004 depreciation schedule: Year 1: 60% (50% + 1/2 of 20%)
2005 depreciation schedule: Year 1: 20% (1/5 of the value)
The key is that in order to qulaify for the 2004 depreciation schedule, the captial equipment must be “Placed in Service” by that 12/31/04 — not merely ordered, or sitting in a warehouse, but in actual use.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.