The IRS has issued new guidance on bonus depreciation, which was made permanent under the One Big Beautiful Bill Act. Here’s ...

President Donald Trump, speaking at the World Economic Forum in Davos, Switzlerland, floated the idea of allowing ...

If you made a qualified purchase for your business this year, you may be able to deduct the entire expense from your 2025 ...

Donald Trump has suggested extending depreciation—an annual tax deduction that lets owners recover property costs over ...

Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.

Notice 2026-11 from the IRS provides guidance on the permanent 100% additional first-year depreciation deduction provided by ...

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