Accelerated depreciation "could be a very cheap way of increasing the housing supply," said Richard Green, a USC professor.

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

One of the more robust tax incentives over the past several years has been Bonus Depreciation. This tax provision allowed companies to accelerate depreciation on purchased equipment to the year it ...

Madras High Court held that provision for leave salary is not allowable as deduction under section 43B (f) of the Income Tax Act since deduction of actual payment is allowable and not of provision.

The cost and timing of the tax bill will determine whether the extension of 100% bonus depreciation applies retroactively. While some of the expiring provisions would generate revenue, it may already ...