While much of the budget reconciliation bill remains unsettled, at least one element could greatly benefit commercial real ...

After allowing businesses to deduct 100% of qualified asset costs in the year of acquisition through 2022, the benefit began ...

Bonus Depreciation allows companies to claim a larger chunk of the depreciation the year it was purchased. Back in 2002 it was 50%, but as stated earlier, in 2017 was raised to 100%, where it has ...

Owner-operators' standard per-diem deduction got a boost for the 2025 tax year, while options for depreciating equipment have narrowed back to tried-and-true practices.

The phase-out may impact manufacturers who regularly make large-ticket capital equipment purchases and have relied on bonus depreciation to lower their taxes. By Sam Buck – CPA, Aldrich Advisors ...

Bonus depreciation allows you to deduct a percentage of your asset’s cost upfront. Section 179 allows you to deduct a set dollar amount. ... Your business has high income and tax rates now.

The Tax Cuts and Jobs Act of 2017 originally established 100 percent bonus depreciation for qualified property acquired and placed in service after September 27, 2017, and before January 1, 2023.

Accelerated depreciation allows businesses to write off the cost of an asset more quickly than the traditional straight-line method. This can provide asset owners with potentially valuable tax ...

Bonus Depreciation: Allows businesses to deduct a significant portion of an asset’s cost in the first year. However, it’s ...