Accelerated Depreciation

Businesses and corporations have another tax incentive available to them in 2013: bonus depreciation! Renewable projects are generally depreciated on a five year schedule under the Modified Accelerated Cost-Recovery System (MACRS). However, in 2013, business entities can depreciate 50% of their project costs first year, with the balance being divided over the remaining four. This incentive, coupled with the investment tax credit or production tax credit, provides businesses with yet another way to make their return on investment more lucrative. For more information on accelerated depreciation, click on this link: or call (217) 825-4206 to speak with a WindSolarUSA, Inc. professional!