The new tax law made 100% bonus depreciation permanent
The One Big Beautiful Bill Act was signed July 4 and restored full bonus depreciation permanently.
Which makes your expense records worth more than they were three weeks ago.
Tag: taxes
Your year-end statement, and what your accountant needs from it
Gross booking revenue is not your revenue, and the difference is four separate deductions.
Here is the whole stack, line by line, before your accountant asks.