New tax code section 168(k) permits the immediate deduction of 100% of the cost of films and television programs if they would have qualified under now-repealed section 181. Since the rules of prior ...

If you were given the option of magically becoming 23 again -- with the catch being that you had to be 23 in today's world -- would you do it? While having a hip that wasn't slowly turning to dust ...

The IRS has issued guidance on deducting expenses under Section 179(a) and on deducting depreciation under Section 168(g). Processing Content These rules, in Revenue Procedure 2019-08 and as amended ...

The Treasury has issued final regulations (Treasury Decision 9314) explaining how to depreciate modified accelerated cost recovery system (MACRS) property that has been acquired in a section 1031 like ...