More information than you ever wanted about Depreciation: Section 179, Bonus Depreciation and Qualified Improvement Property.   Final regulations dealing with the 100 percent bonus depreciation allowance for qualified property acquired and placed in service after September 27, 2017, allow…

Is your business considered an SSTB? See a discussion about the new TCJA 20% Qualified Business Income Deduction.   Republicans’ 2017 overhaul of the tax code created a new 20-percent deduction of qualified business income (QBI), subject to certain limitations,…