Construction companies need to make the most of depreciation deductions that can reduce their tax bills.
Make the Most of Depreciation Deductions to Reduce Your Tax Bill
Tag: 100% bonus depreciation
What You Need to Know About the Heavy SUV Tax Break
Because of the restrictions for cars, you might be better off from a tax standpoint if you replace your business car with a heavy SUV.
First-Year Bonus Depreciation for QIP: Is it Better than 15-Year Depreciation?
Congress finally passed legislation that corrects a drafting error related to real estate qualified improvement property and first-year bonus depreciation.
5 Key Points About Bonus Depreciation
You’re probably aware of the 100% bonus depreciation tax break. Here are five key points to be aware of when it comes to this powerful tax-saving tool.
How to Maximize your Business Property Deductions in 2019
There’s good news about the Section 179 depreciation deduction for business property. The election has long provided a tax windfall to businesses, enabling them to claim immediate deductions for qualified assets, instead of taking depreciation deductions over time. And it was increased and expanded by the Tax Cuts and Jobs Act (TCJA). Even better, the