New law changes everything. Here's what every business owner needs to know before year-end.
Deduct up to $2.5 million in equipment the year you buy it
Pick exactly which assets to expense — asset by asset
Covers HVAC, roofs & building improvements — bonus doesn't
Cannot create a tax loss — limited to business income
100% deduction restored for assets acquired after Jan. 19, 2025
No dollar limit — works on any qualifying amount
Applies automatically — all-or-nothing by asset class
Can create a tax loss, carrying forward to future years
End of Year or New Year start planning now with E-Accounting Solutions .
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