Until recently, bonus depreciation was on track to phase out entirely by 2027, leaving business owners with shrinking tax deductions and added uncertainty around capital planning. Then, on July 4, ...

For wealthy Americans, business is taking off — literally. That’s thanks to a revived tax break from the first Trump administration, called bonus depreciation. Dave Ramsey says this 7-step plan ‘works ...

What is depreciation? Learn how it works, the main methods and how it impacts your business taxes and accounting.

The tax code changes brought about by the One Big Beautiful Bill Act (OBBBA), cheered by many business leaders for restoring parts of the Tax Cuts and Jobs Act of 2017, creates or returns several ...

Listen and subscribe to The Big Idea with Elizabeth Gore on Apple Podcasts, Spotify, or wherever you find your favorite ...

President Donald Trump said Wednesday that the administration will consider overhauling the tax code’s depreciation rules to remove advantages that large institutional investors might have over ...

In practice, depreciation does not eliminate tax cost over time. It merely redistributes it. When an asset is eventually disposed of, depreciation recapture comes into play, a mec ...