Posts by Victoria Bogdanovich

After issuing a decrease last year, the IRS on Tuesday posted slightly higher depreciation limitations for passenger automobiles. These limits...

The QBI deduction lives on The highest federal corporate tax rate for 2025 is 21%, compared with the top federal...

Qualified production property Finally, of note for maximizing depreciation, the act adds Sec. 168(n), which establishes a new category of property...

Comparing the provisions for tax planning The act expanded the Sec. 179 and bonus depreciation provisions to stimulate economic growth...

Take advantage of the revised and accelerated depreciation deductions There are many significant tax planning opportunities regarding the acquisition of...