tax reform california Tag

Untangling tax reform: bonus depreciation, recovery periods for real property and expanded section 179 expensing

  By Mike Shiavo and Wendy Landrum of Baker Tilly   The Tax Cuts and Jobs Act (TCJA or the Act) made many changes to the depreciation and expensing rules for business assets. This tax alert will focus on three major provisions of the final legislation: Bonus depreciation ...