Fifth Third reports that the new One Big Beautiful Bill Act reinstates 100% bonus depreciation for equipment, enhancing tax ...

Gateway Commercial Finance reports that smart businesses can leverage tax changes to enhance growth by investing wisely after ...

Laying down your hard-earned cash on almost any new car comes with the inherent knowledge that it’s going to start losing value from day one. Unless you’re lucky enough to be spending big bucks on ...

Until recently, bonus depreciation was on track to phase out entirely by 2027, leaving business owners with shrinking tax deductions and added uncertainty around capital planning. Then, on July 4, ...

As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire. Bonus depreciation was one of the significant provisions in the ...

Buying a vehicle that holds its value doesn't require breaking the bank, either. While brands like Porsche lead the low ...

Your car starts to lose value the moment you drive it off the dealership lot. You can blame car depreciation, which is the decrease in value that most cars experience over time. Some car depreciation ...

The Internal Revenue Service considers any auto with an unloaded gross weight of 6,000 pounds or less a luxury vehicle. It gives you two ways to depreciate a luxury auto used for business purposes.

Recent changes made by the IRS and Congress have greatly expanded taxpayers’ ability to currently deduct the costs of property purchased for business use, instead of having to depreciate those costs ...

The Government clarified that despite rupee depreciation, strong forex reserves and export competitiveness offset risks. The ...