Bonus depreciation, a tax incentive allowing for accelerated depreciation of assets like aircraft, is currently at 60% for 2024 but is scheduled to decrease further in coming years. Taking advantage ...

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 ...

William McBride, chief economist and Stephen J. Entin Fellow in Economics at the Tax Foundation, said the Big Beautiful ...

De minimis benefits – Some of the fringe benefits that are not eligible for tax-free treatment are season tickets to sporting ...

In the real estate investment world, car washes are emerging as a hidden gem among tax-smart real estate investors. Along with the potential for monthly cash flow and appreciation, car washes also ...