Deep Dive into Bonus Depreciation Rules and Opportunities
The Tax Cuts and Jobs Act (TCJA) radically overhauled the rules for depreciating fixed assets. With the final regulations and guidance released in the fall of 2019 and fall of 2020, the IRS has provided a clearer understanding of those changes – and their impact on taxpayers’ depreciation. The CARES Act fixed the “retail glitch” and introduced additional changes. In this webinar for CPAs, tax staff, and corporate finance staff we will discuss relevant regulations and planning opportunities around bonus depreciation.