Bonus depreciation was raised to 100 percent in 2017’s Tax Cuts and Jobs Act and was scheduled to fall by 20 percent a year ...

Section 179 is still scheduled to be fully available and the current amount of Section 179 deduction allowed is $1,080,000 and the phase-out of the deduction starts once you place eligible assets ...

The DOE has launched a web portal to enable faster tax deduction calculations for energy efficiency upgrades that drive 25% ...

A recent Supreme Court of Arkansas decision has upheld a multistate corporation’s allocation to Arkansas of 100% of its interest expenses ...

It’s no secret that innovating is the key to business growth and prosperity. To stay competitive, businesses must continually ...

Section 179 of the U.S. Internal Revenue Code is an immediate expense deduction that business owners can take for purchases of depreciable business equipment instead of capitalizing and ...

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