The Tax Cuts and Jobs Act (TCJA) had allowed 100 percent bonus depreciation through 2022. That allowance is now in a ...

TurboTenant reports landlords can save significant taxes via bonus depreciation, enabling large first-year write-offs on ...

Depreciation is a tool for lowering annual tax bills, but there are multiple ways to use it, and the nuances determine if the farm will benefit now or later. “The idea behind this is to save you the ...

Auditor’s Note Can’t Override Law ; Slump Sale ≠ Succession; ITAT Allows 100% Depreciation on Goodwill Assessee is engaged in the business of sales & marketing of OTC pharmaceutical products and also ...

Boost your investment returns with a property tax depreciation schedule from Duo Tax. Discover the top 10 assets - like air conditioners, carpets, and appliances - that maximise the available tax ...

Midway through a particularly tough farming season, Congress has delivered a win to farmers looking to buy new equipment this year. President Donald Trump’s One Big Beautiful Bill Act restores 100% ...

The core of the dispute for the Assessment Year (AY) 2014-15 was the disallowance of depreciation amounting to on trucks. The Assessing Officer (AO) disallowed the claim on the grounds that the ...