For Tax Payers

Need professional help with a specific tax issue or have general tax questions? Ask a CPA is the easiest way to get advice from a licensed accountant in our network.

Ask a Tax Question

For Accountants

Provide answers to tax questions and introduce your practice to new potential clients. Build your CPAdirectory profile and earn reputation points.

Answer Tax Questions

Bonus Depreciation

Bonus Depreciation

Asked Thursday, January 19, 2012 by an anonymous user
For qualified property acquired and placed in service in 2016, a 50% bonus first-year depreciation allowance applies under Code Sec. 168(k).,
Tax Question Answered By CPAdirectory
Answer Provided by: CPAdirectory