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 ...

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.

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

The One Big Beautiful Bill Act (OBBBA), signed into law July 4, 2025, is the most sweeping federal tax legislation since the ...

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (“OBBBA”), which enacts significant changes to federal tax provisions. Among the changes, OBBBA adds “qualified sound ...

LAUDERDALE COUNTY, Ala. (WHNT) — Some eligible seniors in Lauderdale County may qualify to be exempt from rising property taxes. Act 2024-136 allows Lauderdale County residents aged 65 and older to ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...