Tag: depreciation

  • The TCJA Temporarily Expands Bonus Depreciation

    The TCJA Temporarily Expands Bonus Depreciation

    The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break it enhances — temporarily — is bonus depreciation. While most TCJA provisions go into effect for the 2018 tax year, you might be able to benefit from the bonus depreciation enhancements when you file your…