Comerica reports that the One Big Beautiful Bill ensures 100% bonus depreciation for qualifying assets starting Jan. 19, 2025 ...
The Tax Cuts and Jobs Act (TCJA) had allowed 100 percent bonus depreciation through 2022. That allowance is now in a ...
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 ...
Tax professional Jared Asumendi has a sizable clientele in agriculture. Lower bonus depreciation is among the challenges that tax professional Jared Asumendi’s agricultural clients face this year. The ...
One of the more robust tax incentives over the past several years has been Bonus Depreciation. This tax provision allowed companies to accelerate depreciation on purchased equipment to the year it was ...
Depreciation is key in maximizing asset ROI, while minimizing the financial impact of acquisition. How companies choose to write down assets over time differs, yet all write-downs follow a ...
Artis Wiliams of Cat Trucking, a small fleet, in Jackson, Miss., inspects a truck at an auction in Mississippi. Used equipment qualifies for Section 179 depreciation, but not for the new bonus ...
The tax benefits of real estate have long been important to me. Back when I started my career as an emergency room physician, it was shocking to me just how much money would get taken out of my check ...
A key provision that extends three-year tax depreciation for all racehorses through 2020 was signed into law Dec. 20 by President Donald Trump. The racehorse provision, which received bipartisan ...
A key provision that extends three-year tax depreciation for all racehorses through 2020 passed the U.S. House of Representatives by a vote of 297-120, the National Thoroughbred Racing Association ...