Bonus depreciation was one of the significant provisions in ... Under Publication 946, the IRS states, "Investment property, rental property (if renting property is not your trade or business), and ...

Tax credits are important for businesses aiming to maximize profitability and sustainable growth. Bonus depreciation is a key ...

In summary, bonus depreciation provided a benefit to contractors that own construction equipment, and as long as you purchased enough replacement property, the negative aspects of the program ...

100% bonus depreciation is scheduled to drop to 80% bonus depreciation starting in 2023. Certain long-term assets have an extra year (such as orchard plantings). Bonus will drop by 20% each year ...