A key provision that extends three-year tax depreciation for all racehorses through 2020 passed the U.S. Senate Dec. 19 by a vote of 71-23 following the U.S. House of Representatives passing the same ...
The Internal Revenue Service and the Treasury Department released the final regulations Friday for the new 100 percent additional first year depreciation deduction included as part of the Tax Cuts and ...
A key provision that extends three-year tax depreciation for all racehorses through 2020 was signed into law Dec. 20 by President Donald Trump. The racehorse provision, which received bipartisan ...
The IRS and the Treasury Department issued the last set of final regulations Monday to implement the 100% additional first-year depreciation deduction from the Tax Cuts and Jobs Act, enabling ...