Legislation passed in 2025 can provide significant additional tax savings for individuals who own rental properties or ...

Comerica reports that the One Big Beautiful Bill ensures 100% bonus depreciation for qualifying assets starting Jan. 19, 2025 ...

Friends, we have been publishing the latest rules and eligible vehicles list for Tax Code 179 for over a decade. I encourage you to reach out to one of our Certified Car Pro Dealers at a CarPro ...

Is your business expecting a very profitable year, knowing you will have a painful income tax debt to pay next April? Do you have plans to purchase some equipment within the next six months? If so, ...

The new tax law has changed the energy investing landscape with expanded incentives and permanent tax benefits for oil and ...

100% bonus depreciation is scheduled to drop to 80% bonus depreciation starting in 2023. Certain long-term assets have an extra year (such as orchard plantings). Bonus will drop by 20% each year ...

Taxpayers other than trusts, estates and certain non-corporate lessors may elect to expense under Internal Revenue Code § 179 the cost of certain qualified property in the year that property is placed ...

As we move into the final quarter of 2022, it is critical to take note of an expiring tax benefit in the Tax Cuts and Jobs Act (TCJA). Passed in 2017, it allows for 100% bonus depreciation on a wide ...

IMGCAP(1)]The conclusion of 2013 brought the end of 55 tax breaks, including, most notably, enhanced Section 179 and bonus depreciation, the Research & Development Tax Credit, as well as the ...

CONGRESS PASSED THE JOBS AND GROWTH TAX RELIEF Reconciliation Act of 2003 to boost consumer spending and increase business capital expenditures. The act accelerates previously passed rate reductions, ...

IMPORTANT MESSAGE TO ALL CARPRO SHOW LISTENERS FROM JERRY REYNOLDS, THE CAR PRO: Friends, we've been publishing the latest rules and eligible vehicles list for Tax Code 179 for over a decade. Many of ...

Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...