Tax Alert
IRS releases new guidance on certain PATH Act provisions
The IRS issues Rev. Proc. 2017-33 providing additional guidance concerning section 179 and bonus depreciation issues.
Ideas & Insights
Tax Alert
Two pitfalls to avoid when navigating the new bonus depreciation rules
Taxpayers must not overlook acquisition dates or that qualified improvement property is 39-year property and not bonus eligible.
Insight Article
Understand common complexities when applying bonus depreciation
While the concept of bonus depreciation is fairly simple, taxpayers should be aware of the complicated underlying rules.