Bonus depreciation offers an immediate, accelerated tax deduction for aircraft purchases, significantly lowering tax burdens and potentially creating net operating losses. The current bonus ...
Companies that have experienced financial success in 2024 may be staring down a substantial tax bill. One relatively straightforward method of lowering net income is to accelerate the ...
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 ...
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