IRS Issues Guidance On Bonus Depreciation

The IRS has published official guidance to businesses on 100% bonus depreciation, which was reinstated and made permanent last summer. It applies to property acquired and put in service after January 19, 2025, and includes transition provisions.

Read More: Treasury, IRS Issue Guidance on the Additional First Year Depreciation Deduction Amended as Part of the One, Big, Beautiful Bill → | IRS Interim Guidance on Additional First Year Depreciation Deductions →