Depreciable Business Equipment
-
Increase your current business deductions under tangible property safe harbors
Did your business make repairs to tangible property, such as buildings, equipment or vehicles, in 2025? Such costs may be fully deductible on your 2025…
Read More: Increase your current business deductions under tangible property safe harbors -
Should your business maximize deductions for real estate improvements now or spread them out?
Commercial real estate usually must be depreciated over 39 years. But certain real estate improvements — specifically, qualified improvement property (QIP) — are eligible for accelerated…
Read More: Should your business maximize deductions for real estate improvements now or spread them out? -
The new law includes favorable changes for depreciating eligible assets
The One Big Beautiful Bill Act (OBBBA) includes a number of beneficial changes that will help small business taxpayers. Perhaps the biggest and best changes…
Read More: The new law includes favorable changes for depreciating eligible assets -
Business website expenses: How they’re handled for tax purposes
Most businesses have websites today. Despite their widespread use, the IRS hasn’t issued formal guidance on when website costs can be deducted. But there are…
Read More: Business website expenses: How they’re handled for tax purposes
Stay current on weekly blogs by following our social media posts on LinkedIn, Facebook, and Twitter.