Chris Wittich and Matthew Koch unpack the sweeping changes to depreciation in the new tax bill.
From the return of 100% bonus depreciation to an expanded Section 179 limit, there’s plenty to like. But the real story is a new category, Qualified Manufacturing Property, that could allow manufacturers to fully expense the cost of new or significantly renovated facilities.
Chris and Matthew cover what we know, what’s still unclear, and how this change opens the door for proactive planning, especially for companies already considering expansion. They also explore the financial and compliance considerations around timing, interest rates, loss limitations, and IRS guidance still to come.
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