“Get Ready to Say Goodbye to 100%
Bonus Depreciation”
To get my complete article
with all the details…
They say “all good things come to an end.”
That’s what’s going to happen on December 31, 2022. (In other words, soon!)
That’s the date that 100% bonus depreciation comes to a sorry end.
What does this mean to you?
It means the wind-down of bonus depreciation will affect your current and future-years tax deductions when you purchase property for your business.
What does Uncle Sam have in store for you?
Starting in 2023, lawmakers scheduled bonus depreciation to decline 20% each year through 2026. A painful decline!
But don’t throw in the towel quite yet.
For many businesses, there’s an alternative way to skin the cat that works just as well as bonus depreciation.
I’m talking about
IRC Section 179 expensing.
It’s an extremely useful work-around that I’ll explain in my new article.
Here’s just some of the important information
I’ll make crystal clear.
- IRC Section expensing basics
- How IRC Section 179 compares to bonus depreciation
- When 179 expensing can create a loss or not create a loss
- The “more than 50% rule” (It’s important)
- Five reasons to take advantage of 100% bonus depreciation for 2022
And much more.
The key point… Yes. The 100% bonus depreciation is riding off into the sunset, but you can still come out a winner if you know what you’re doing.
So be smart. You’ll get the whole story when you…
CLICK HERE and read my complete new article titled…
“Say Goodbye to 100%
Bonus Depreciation”