Independence Day legislation includes permanent full expensing for new and used aircraft in business operations.

While much of the budget reconciliation bill remains unsettled, at least one element could greatly benefit commercial real ...

Unlimited bonus depreciation continues, allowing immediate expensing of equipment and improvements to boost business cash flow.

Bonus Depreciation, A Brief History; Legislation: Notes: Job Creation and Worker Assistance Act (2002) • Introduced bonus depreciation • Let companies deduct 30% of the cost of eligible assets ...

Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives.

Discover how to calculate rental property depreciation with this step-by-step guide, including IRS rules, depreciation methods, and tips to maximize tax benefits for real estate investors.