first-year bonus depreciation break Archives

How to Handle Business Website Costs

Posted on August 16, 2022 by Andrew Litchford

The business use of websites is widespread. But surprisingly, the IRS hasn’t yet issued formal guidance on when website costs can be deducted.

First-Year Bonus Depreciation for QIP: Is it Better than 15-Year Depreciation?

Posted on October 23, 2020 by Andrew Litchford

Congress finally passed legislation that corrects a drafting error related to real estate qualified improvement property and first-year bonus depreciation.