Worth noting: the version of the Big Beautiful Bill passed by the House ends this particular change, starting in tax year 2025. We'll have to see if this provision makes it through the Senate, and in what form.
That's crazy. We're 3 years into a 5 year depreciation cycle, and now they "change their minds". Sure convenient when you know you are in power to supercharge growth and leave a time bomb for the next admin.
NewJazz|8 months ago
xbar|8 months ago
I do not like many things in BBB, but I am glad to know there is at least something in there that I can be glad for.
_dark_matter_|8 months ago
naijaboiler|8 months ago
walterbell|8 months ago
Temporarily, for 5 years.
badloginagain|8 months ago
Now Trump second round fixes it, but expires in next (presumably) Democrat administration.