Owner operators if you bought a truck in 2008 or plan to in 2009
If you put a vehicle in service in 2008 or 2009 the IRS is giving additional Depreciation of 50% in addition to your regular depreciation. Check out my web site and link the the Special Depreciation site on the IRS updates and it will be spelled out for you in IRS specifics. An extra 50% is a lot of depreciation $ deduction that reduces your taxable income. Don't miss out on that one. If you tax person doesn't bring it up, ask them about it, if they can't address it, get a new tax person.
Linda
UR TAX LADY
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Owner operators if you bought a truck in 2008 or plan to in 2009 
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