The federal government wants you to buy some new business assets this year. To encourage you to make those purchases, the government is allowing 50 percent bonus depreciation and bigger expensing on certain new asset purchases, as discussed in the article titled: “How the 2009 Stimulus Package Can Stimulate Your Business Deductions.” (Click here)These incentives might tip the scales and move you to buy one of these tax-favored assets—or so the government hopes.

Let’s say that you are going to buy a new business car and that this new car is going to replace your old business car. What is ... Log in to view full article.