Use Expensing or Bonus Depreciation to Write Off Assets in First Year

Content Private Air Travel Options and Tax Considerations The TCJA 100% bonus depreciation starts to phase out after 2022 Fact Sheet highlights new rules & limits for depreciation and expensing under TCJA Products Tax Act Proposed Regulations Just Published: Clarifies Leasing of New and Used Aircraft Does bonus depreciation apply to qualified improvement property? Similarly,…