droptablemain 3 days ago

My understanding is that the current "Big Beautiful Bill" reverses this

1
andrewlgood 2 days ago

Do not think that is correct. The original accelerated depreciation is simply not being renewed.

twodave 2 days ago

IANAL, but the language of the bill seems to suggest GP was indeed correct:

https://www.congress.gov/bill/118th-congress/house-bill/7024...

It seems they're going back to the system where one could choose to amortize those capital expenses, but not be required to.