The return of 100% bonus depreciation Many taxpayers rejoiced over the passage of the One Big Beautiful Bill Act (OBBBA) and the return of now-permanent 100% bonus depreciation. However, there are some nuances that differentiate the rules from the original 100% bonus depreciation under the 2017 Tax Cuts and Jobs Act (TCJA). Bonus depreciation has … Continue reading Depreciation Nuances of H.R.1: What Taxpayers Need to Know