ACT NOW TO MAKE THE MOST OUT OF BONUS DEPRECIATION
August 09, 2022
by a professional from University of Minnesota - Twin Cities Campus in Minneapolis, MN, USA
The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers — but only for a limited duration. The amount of first-year depreciation available as a so-called bonus will begin to drop from 100% after 2022, and businesses should plan accordingly. To learn more, visit: https://boulaygroup.com/businesses-act-now-to-make-the-most-out-of-bonus-depreciation/