Everyone’s Favorite Small-Business Tax Deduction Gets a Boost for 2025 and More May Be on the Way
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 ...
pv-magazine-usa1d
Section 179D energy efficiency tax deduction tools updated
The DOE has launched a web portal to enable faster tax deduction calculations for energy efficiency upgrades that drive 25% ...
Opinion
Accounting Today5dOpinion
Steps to take as bonus depreciation phases down
As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire.
Floor11d
Monetary Wisdom: How to save money with the Section 179 tax deduction for business owners - March 2023
If you happened to purchase the vehicle in a prior year and want to claim the Section 179 deduction, unfortunately, that is not permissible. To qualify for the deduction in any given tax year ...
AgWeb2d
Will This be the Last Year of 100% Bonus Depreciation
On your personal Form 1040, you can deduct more than Schedule ... income and does not reduce SE tax. I personally am starting to take more Section 179 versus 100% bonus depreciation.
Tax Accountant for Small Business, Accountant Partners, Reveals Secrets to Lowering Tax Liability in New Guide
IRVINE, CA / ACCESSWIRE / January 9, 2025 / Accountant Partners is excited to announce the release of its latest resource, ...