The Danger of Bonus Depreciation on Passive Investments in New York
WFFA partner, Jason Ackerman, explains what bonus depreciation means for a New York taxpayer.
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Sometimes Congress Admits Its Mistakes – Correcting the QIP/Bonus Depreciation 15-Year Glitch
A technical glitch in the TCJA prevented taxpayers from taking bonus depreciation on Qualified Improvement Property. Now Congress is out to get this fixed.
Bonus Depreciation in a Post-Tax Cuts and Jobs Act World
The TCJA impacted depreciation in many ways, including 100% bonus, increased Section 179 Expense limits and broader usage, and redefined QIP.