Signed on July 4, 2025, the ‘One Big Beautiful Bill Act’ allows full depreciation of qualifying commercial real estate, ...

Independence Day legislation includes permanent full expensing for new and used aircraft used in business operations ...

`Better late than never” seems to be the IRS motto. — Taxpayers who purchased depreciable property such as rental houses, apartments, offices, and commercial buildings after May 8, 1985… ...

The One Big Beautiful Bill Act (signed into law on July 4, 2025) preserves and, in many cases, strengthens the tax advantages ...

The Internal Revenue Service classifies most commercial real estate as "Section 1250" property, subject to the depreciation and capital gains rules for this type of property.

Tax credits are important for businesses aiming to maximize profitability and sustainable growth. Bonus depreciation is a key tax provision that has gained considerable attention. It enables companies ...

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

President Donald Trump’s tax bill that passed the senate would restore a full bonus depreciation for qualified real estate ...

Real estate depreciation on rental property can lower your taxable income, but determining it can be complex. Find out how it works and can save you money at tax time.

Commercial/Multifamily Residential Buildings: Federal E-QUIP Act Proposes to Accelerate Depreciation for Certain Energy Efficiency Upgrades Walter Wright Jr.

As part of the tax reforms passed by the current Government, the ability to claim depreciation on commercial buildings has been removed with effect from the 2024-25 tax year by setting the ...

On Friday, December 23, 2022, the IRS published Announcement 2023-1, 2023-1 IRB 1 (the “Announcement”), which sets forth a new reference standard for energy efficient commercial building ...