Many property investors are unwittingly missing out on thousands of dollars in tax deductions every year – and at ...
Qualified Production Property (QPP) allows companies that build their own plants to immediately deduct expenses.
One of the major benefits of commercial multifamily investment is that, under IRS rules, property owners and investors are entitled to “depreciate” the value of their asset each year, which reduces ...
The bonus depreciation phase-out may impact manufacturers who regularly make large-ticket capital equipment purchases and have relied on bonus depreciation to lower their taxes. For the last five ...
Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Buried in the July 4 tax overhaul, formally titled the One Big Beautiful Bill Act, was ...
Most tangible assets lose value over time. Equipment wears out, buildings require regular maintenance and upkeep, and computers become obsolete. To reflect the steady loss of value in capital assets, ...
Mercury reports the One Big Beautiful Bill Act introduces tax changes benefitting ecommerce, like a permanent 20% deduction and higher 1099 thresholds.
On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law, marking a significant milestone in U.S. fiscal policy for the 2025 budget year. While the sweeping ...
Proposed tax legislation includes reinstating 100% bonus depreciation, allowing businesses to deduct the full purchase price of aircraft in the year of purchase, significantly impacting the aviation ...