Treasury, IRS issue proposed regulations on new 100 percent depreciation deduction
The proposed regulations, available today in the Federal Register, implement several provisions included in the Tax Cuts and Jobs Act (TCJA), The 100-percent depreciation deduction generally applies to depreciable business assets with a recovery period of 20 years or less and certain other property. Machinery, equipment, computers, appliances and furniture generally qualify. The deduction is […]
Treasury, IRS issue proposed regulations on new 100 percent depreciation deduction Read More »
