⚙️💸 The Truth About Bonus Depreciation (Section 70301) 100% Write-Offs Are Back — Permanently!
YES — You Can Deduct the Full Cost of Business Equipment in Year One 📅 Starting Jan 19, 2025, businesses can now write off 100% of the cost of: ✅ Equipment ✅ Machinery ✅ Tech ✅ Work vehicles ✅ Tools & more 🧾 Applies To: ✔️ New or used property ✔️ Recovery period of 20 years or less ✔️ Must be placed in service after Jan 19, 2025 🚀 Why It Matters: 💰 Major tax savings right away 📈 Improves short-term cash flow ⚙️ Great for capital-heavy industries like construction, logistics, farming, and manufacturing BOTTOM LINE: 📉 Buy it → Use it → Write it off 100% 🏗️ One of the most powerful tools for business owners is now permanent 💬 Drop a 🛠️ if your business uses heavy equipment or tech 🔔 Follow for tax tips that fuel real growth