As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire.

The tax code generally allows firms to deduct a specific portion of such capital investments each year for a set number of years — something called a depreciation schedule. These deductions are ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

The IRS sends out tax refunds 21 days after taxpayers file their returns online and six to eight weeks after submitting a ...

2025 IRS Tax Refund Schedule Chart Here is a chart of when you can expect your tax refund for when the return was accepted (based on e-Filing). This is an estimate based on past years trends, but ...

To record the Section 1031 exchange with the Internal Revenue Service, it is important to file Form 8824 with the tax return for the ... consideration any prior depreciation deductions you have ...

NASA's beleaguered Mars Sample Return program currently faces extreme costs of up to $11 billion and a timeline that could reach 2040. The year 2025 isn't even a week old and NASA is already ...

expects around 140 million tax returns to be filed, with taxpayers having until April 15 to comply with the requirement. The IRS is at a stage where it is looking to improve its processes with a ...

The 2025 tax season will have its quirks, gimmicks and gotchas. But right now anyway, many experts say most people should expect to see a timely tax refund. Fingers crossed. Taxpayers will still ...

including associated cost and schedule estimates. What they have found will be reported by NASA soon. "Our current status is that the Mars Sample Return Strategy Review team is delivering a final ...