Rapid Depreciation For Tax Purposes
The tax reform passed at the end of 2017 enhanced the existing rapid depreciation rules for certain fixed assets. If a business desires to utilize rapid depreciation, they have a choice between two code sections. Click here to learn more about these two code sections in this weeks' blog, 'Rapid Depreciation For Tax Purposes', by James Gentry, CPA. To read posts from other members of the Conner Ash team, click here to check them out.