top | item 44229785 (no title) droptablemain | 8 months ago My understanding is that the current "Big Beautiful Bill" reverses this discuss order hn newest andrewlgood|8 months ago Do not think that is correct. The original accelerated depreciation is simply not being renewed. twodave|8 months ago IANAL, but the language of the bill seems to suggest GP was indeed correct:https://www.congress.gov/bill/118th-congress/house-bill/7024...It seems they're going back to the system where one could choose to amortize those capital expenses, but not be required to. load replies (1)
andrewlgood|8 months ago Do not think that is correct. The original accelerated depreciation is simply not being renewed. twodave|8 months ago IANAL, but the language of the bill seems to suggest GP was indeed correct:https://www.congress.gov/bill/118th-congress/house-bill/7024...It seems they're going back to the system where one could choose to amortize those capital expenses, but not be required to. load replies (1)
twodave|8 months ago IANAL, but the language of the bill seems to suggest GP was indeed correct:https://www.congress.gov/bill/118th-congress/house-bill/7024...It seems they're going back to the system where one could choose to amortize those capital expenses, but not be required to. load replies (1)
andrewlgood|8 months ago
twodave|8 months ago
https://www.congress.gov/bill/118th-congress/house-bill/7024...
It seems they're going back to the system where one could choose to amortize those capital expenses, but not be required to.