Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of ...

Bonus depreciation is gradually being phased out, impacting how businesses plan their capital expenditures. The phaseout schedule was established by the Tax Cuts and Jobs Act of 2017, which ...

Under the previous tax law, bonus depreciation was allowed only on new ... (trailers are generally depreciated on a five-year schedule), many owner-operators fail to realize that large repairs ...

Sometimes called “additional first-year depreciation deduction,” bonus depreciation was introduced for aircraft purchases with the Job Creation and Worker Assistance Act of 2002 and renewed in ...

With major provisions of President Trump’s Tax Cuts and Jobs Act of 2017 set to expire this year, there’s increased attention to how much it would cost to extend key portions of the act and ...

Treasury Secretary Scott Bessent recently announced that the return of 100 percent bonus depreciation is likely to be enacted in an upcoming tax bill, potentially creating significant ...

“The average tax depreciation schedule saves an investor $10,100 in the first full financial year and $73,500 over 10 years of ownership, however recent research we conducted revealed that 80% ...