Infographic: How cost segregation studies help companies reduce taxes.
Infographic: How to handle an inheritance
- Permanently increasing limits on Section 179 expensing. This allows you to immediately deduct the full cost of qualifying equipment or other fixed assets up to specific thresholds.
- Temporarily increasing first-year bonus depreciation to 100% (from 50%).
- Subject to a much anticipated congressional technical correction, applying a 15-year-property treatment to qualified improvement property and potential 100% first year bonus depreciation.