The bonus depreciation phase-out may impact manufacturers who regularly make large-ticket capital equipment purchases and have relied on bonus depreciation to lower their taxes. For the last five ...
Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Buried in the July 4 tax overhaul, formally titled the One Big Beautiful Bill Act, was ...
Qualified Production Property (QPP) allows companies that build their own plants to immediately deduct expenses.
One of the major benefits of commercial multifamily investment is that, under IRS rules, property owners and investors are entitled to “depreciate” the value of their asset each year, which reduces ...
Most tangible assets lose value over time. Equipment wears out, buildings require regular maintenance and upkeep, and computers become obsolete. To reflect the steady loss of value in capital assets, ...
On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law, marking a significant milestone in U.S. fiscal policy for the 2025 budget year. While the sweeping ...
The new provisions allow a taxable person to claim depreciation at 4% per annum on the original cost of the investment property ...
CPAs and their clients have been dealing with uncertainty surrounding Section 174 legislation for the last few years. Under the Tax Cuts and Jobs Act of 2017, research expenditures under Section 174 ...
With major provisions of President Trump’s Tax Cuts and Jobs Act of 2017 set to expire this year, there’s increased attention to how much it would cost to extend key portions of the act and how the ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback