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What strategies will help a business maximize its current cost recovery deductions (including Section 179, MACRS, and Bonus). Incorporate the following in your discussion: -

What strategies will help a business maximize its current cost recovery deductions (including Section 179, MACRS, and Bonus). Incorporate the following in your discussion:

- Discuss how the property limitation restricts large businesses from taking the Section 179 expense.

- What is qualified improvement property and what is its significance to the various cost recovery deductions available to taxpayers.

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