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 ...

Temporary versions of bonus depreciation schedules, such as the one in Tax Cuts and Jobs Act, appear to be low-cost, since ...

In addition, the total spending allowance to claim the deduction has been increased to $3.13 million. Once that cap is ...

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

It’s been following that schedule, as 2025’s bonus depreciation is 40 percent. However, since Donald Trump was the one who made it 100 percent in 2017, there’s a feeling that we may see ...