The major changes there’s two of the major changes one is bonus depreciation now you can deduct a hundred percent of the cost of something that you buy in the first year that you have it that’s beneficial just you get a bigger deduction the other major change is the section 179 there’s a limit on how much you can deduct.
Sherry Tolbert from Tolbert CPA on Depreciation changes under new tax law.
Sherry Tolbert is a San Antonio CPA with over 20 years of experience serving business owners like you. Our firm, Tolbert CPA, focuses on businesses and business owners and their taxes. We’re ready to provide your business with the up to date knowledge you need to best take advantage of these business focused changes in the tax law.
Tolbert CPA LLC
400 N Loop 1604 E, Ste. 435
San Antonio, TX 78232
Leave A Comment