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Surgent's Depreciation Rules for Bonus and Section 179 Expensing

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Surgent Webinars

Online, OK 00000

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2.00 Credits

Member Price $99

Non-Member Price $119

Overview

Thanks to the One Big Beautiful Bill Act (OBBBA) passed in 2025, 100% bonus depreciation is now permanently available for new and used assets. OBBBA has restored 100% bonus depreciation and increased the depreciation that can be taken under Section 179. OBBBA also provided a new, important depreciation topic - qualified production property. These topics, covered extensively in the program, are vital for tax practitioners advising business taxpayers.

Highlights

  • OBBBA permanently restores 100% bonus depreciation
  • Notice 2026-11 confirms existing bonus framework and availability of component elections
  • Qualified improvement property (QIP) is boosted by OBBBA
  • Qualified production property (QPP): established by OBBBA, clarified by Notice 2026-16
    • Definitions
    • Timing
    • Inclusions/exclusions
    • Third-party lease scenarios
    • Election mechanics
    • Recapture
  • New enlarged Section 179 ceiling limitations
  • OBBBA energy incentives sunset guide
  • 179D deduction still in play
  • Tangible property regulations and their role in a strategic hierarchy of depreciation

Prerequisites

A basic understanding of the tax rules relating to individual income tax

Designed For

Accounting and finance professionals who anticipate advising clients with respect to depreciation of business property

Objectives

  • Understand the new depreciation rules associated with OBBBA

Preparation

None

Leader(s):

Leader Bios

Michael Tucker, Surgent McCoy CPE, LLC

Michael J. Tucker, Ph.D, LL.M, J.D., CPA, is a professor of Accounting at Quinnipiac University in Hamden, Conn., and is a consultant for T.M. Byxbee Company, P.C., Certified Public Accountants. Tucker handles a wide variety of client transactions, including mergers and acquisitions, entity formations and dissolutions, and distributions to owners/shareholders/partners. In addition, he is the author of over 100 articles and books dealing with various tax topics, a frequent lecturer at conferences and seminars throughout the country, and is co-host for the CPA Report, a monthly television and video series dealing with the latest tax topics.

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Non-Member Price $119

Member Price $99

Registration for this event is closed.