Practitioners who are helping clients decide whether to take advantage of the new 100% bonus depreciation provision should be aware of how it affects depreciation of business automobiles. The Code ...

Editor’s Note: The 2017 tax reform legislation extended the bonus depreciation provisions through the 2026 tax year. However, the provision was modified so bonus depreciation will be gradually phased ...

A bipartisan deal between leaders of the House and Senate tax-writing committees would raise limits on the Section 179 expensing provision that is popular with farmers. The deal also would restore a ...

As rebate checks go out to the American people, the U.S. economy is expected to benefit from the economic stimulus package passed by Congress and signed in February 2008 by President Bush. The ...

Taxpayers and property owning entities will need to communicate with their 2010 tax return preparers regarding the elections for bonus depreciation. The Tax Relief, Unemployment Insurance ...

The Tax Jobs and Cuts Act of 2017, signed into law last December, is the largest overhaul of the United States tax code in 30 years. Many of the key changes made by the legislation will have a ...