Independence Day legislation includes permanent full expensing for new and used aircraft used in business operations ...

Congress approved a version of the “One Big Beautiful Bill Act” (the Bill), which significantly impacts the energy tax ...

'Big Beautiful Bill': Good News For Horse Owners, Bad News For Horseplayers originally appeared on Paulick Report.

A series of changes to the state’s car tax laws are kicking in this year, leaving some taxpayers and municipal leaders ...

The Federal Board of Revenue (FBR) has revised the income tax deduction system for banks operating in rental/leased ...

While much of the budget reconciliation bill remains unsettled, at least one element could greatly benefit commercial real ...

Australians are being warned to think about what they buy before June 30 because not everything will be 100 per cent tax ...

Tax Benefit Schedule and Phaseout Bonus depreciation is an accelerated business tax deduction used instead of allocating the cost evenly over the life of an asset in traditional depreciation ...

BMT Tax Depreciation CEO Bradley Beer says it may be wise to act before June 30. However, a good accountant would recommend investors get a depreciation schedule, Mr Koulizos said.