Section 179 lets you deduct the full purchase price of qualifying business equipment bought and put into use during the year.

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

The most significant tax overhaul since 2017 creates unprecedented opportunities—but only for those who act before December ...

Brex reports LLC owners can reduce taxable income through 16 deductible expenses. Proper tracking prevents missed deductions ...

The IRS issued revenue procedures updating inflation-adjusted amounts for 2026 following enactment of the One Big Beautiful Bill Act (OBBBA). The revenue procedure modifies Rev. Proc. 2024-40 to ...

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

In Brief The recently enacted H.R. 1, the so-called One Big Beautiful Bill Act (OBBBA), extends many of the provisions of the ...

The past several years have been profitable for cattle producers. Cow/calf operations are amid a period of unprecedented high ...

This article originally appeared on GOBankingRates.com: George Kamel Reacts To the Worst Online Tax Advice ...

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 ...

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

Ranching families in Oklahoma and elsewhere will now have more tools to remain resilient in an ever-changing economy.