Section 179 and Bonus Depreciation Expensing Allowances Update

By Team HRH | January 24, 2017

The bonus depreciation rules and qualified improvement property provisions were extended and modified when Congress passed the Protecting Americans From Tax Hikes (PATH) Act of 2015.  It retroactively extended bonus depreciation through 2019 and introduced a new concept called “qualified improvement property,” which expands the availability of bonus depreciation.  Learn more about the notable changes to bonus depreciation rules and the Section 179 extension here:

Bonus Depreciation & Section 179 Summary Chart

Share this post on...Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedIn