Interim Guidance on 100% Bonus Depreciation Creates Opportunities

The IRS released Notice 2026-11, which explains how taxpayers can use the permanent 100% bonus depreciation deduction starting on January 19th, 2025.
How Auto Dealers Can Benefit From The One Big Beautiful Bill Act

The One Big Beautiful Bill Act (OBBBA) brings several changes that affect automobile dealership owners.
Small Business Guidance for Research & Experimentation Expenses

The IRS released Revenue Procedure 2025-28 on August 28th related to research and experimental (R&E) expenditures, which was significantly changed by the One Big Beautiful Bill Act (OBBBA).