Do Not Panic! Bonus Depreciation is Phasing Down, Not Going Away

In the years following the Tax Cuts and Jobs Act of 2017 (TCJA), bonus depreciation has undergone many shifts, extensions, and planned end dates. This time around, bonus depreciation is facing a phasedown rather than an immediate expiration. With businesses continuing to invest, this particular incentive will remain in place until January 1st, 2023 when […]