Bonus Depreciation Legislation 2024. Temporary child tax credit expansions What are the eligibility requirements for the additional first year depreciation deduction following the enactment of the tax cuts and jobs act of 2017 (“tcja”)?
The tax relief for american families and workers act of 2024, h.r. In 2023, businesses currently enjoy the benefit of a 100% bonus depreciation rate under the tax cuts and jobs act of 2017.