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#bonus-depreciation

Bonus Depreciation

First-year bonus depreciation rules, qualifying property, and tax savings under the One Big Beautiful Bill Act

Laundromat Bookkeeping: Coin, Card, and Mobile-Pay Reconciliation, Utility COGS, and Section 179
·mike

Laundromat Bookkeeping: Coin, Card, and Mobile-Pay Reconciliation, Utility COGS, and Section 179

A bookkeeping framework for coin-op and wash-dry-fold laundromats — channel-separated revenue, utilities tracked as COGS, per-machine profitability, Section 179 timing on equipment refreshes, and cash controls that surface both theft and failing machines.

bookkeeping
small-business
cash-flow
Car Wash Bookkeeping: ASC 606 Deferred Revenue, Cost per Car, and 15-Year MACRS Tunnel Depreciation
·mike

Car Wash Bookkeeping: ASC 606 Deferred Revenue, Cost per Car, and 15-Year MACRS Tunnel Depreciation

How express car washes should recognize unlimited membership revenue ratably under ASC 606, allocate variable cost per car across water, electricity, and chemicals (~$1.50/car target), and depreciate tunnel equipment under 15-year MACRS with cost segregation and bonus depreciation.

bookkeeping
revenue-recognition
accrual-accounting
Commercial Drone Photography Bookkeeping: Part 107, Section 179, Battery Cycles, and Stock Footage Royalties
·mike

Commercial Drone Photography Bookkeeping: Part 107, Section 179, Battery Cycles, and Stock Footage Royalties

How to set up books for a Part 107 commercial drone business — separate revenue lines by service type, capitalize airframes and payloads as distinct assets, track per-flight battery cycles as cost of service, and apply the 2025 permanent 100% bonus depreciation under OBBBA.

bookkeeping
small-business
section-179
Section 30C EV Charger Credit Before the June 30, 2026 Cliff: Census Tracts, Prevailing Wage, and Form 8911
·mike

Section 30C EV Charger Credit Before the June 30, 2026 Cliff: Census Tracts, Prevailing Wage, and Form 8911

The Section 30C credit returns 30% of EV charger cost — up to $1,000 per port for homeowners and $100,000 per port for businesses — but sunsets after June 30, 2026. A line-by-line guide to census tract eligibility, prevailing wage and apprenticeship rules, depreciation interaction, recapture, and Form 8911.

tax-credits
tax-planning
tax-deadlines
Permanent 100% Bonus Depreciation Returns: How Small Businesses Stack Section 168(k), Section 179, and QIP in 2026
·mike

Permanent 100% Bonus Depreciation Returns: How Small Businesses Stack Section 168(k), Section 179, and QIP in 2026

The One Big Beautiful Bill Act made 100% bonus depreciation under Section 168(k) permanent for qualified property placed in service after January 19, 2025. This guide explains how small businesses coordinate Section 179, qualified improvement property, and the new Section 168(n) manufacturing deduction — and the acquisition-date rules that decide eligibility.

bonus-depreciation
section-179
depreciation
Qualified Improvement Property Under Section 168(e)(6): How Restaurant, Retail, and Office Build-Outs Unlock 15-Year Recovery and 100% Bonus Depreciation
·mike

Qualified Improvement Property Under Section 168(e)(6): How Restaurant, Retail, and Office Build-Outs Unlock 15-Year Recovery and 100% Bonus Depreciation

Qualified Improvement Property (QIP) under Section 168(e)(6) lets nonresidential interior build-outs use a 15-year recovery period and qualify for 100% bonus depreciation after the OBBBA. Covers the statutory test, three exclusions, TCJA-to-OBBBA history, a worked $540,000 restaurant example, and Form 3115 catch-up deductions.

depreciation
bonus-depreciation
cost-segregation
100% Bonus Depreciation Is Back: How Small Businesses Combine Section 168(k) and Section 179 in 2026 to Write Off Equipment the Year They Buy It
·mike

100% Bonus Depreciation Is Back: How Small Businesses Combine Section 168(k) and Section 179 in 2026 to Write Off Equipment the Year They Buy It

100% bonus depreciation under Section 168(k) is permanent again for property placed in service after January 19, 2025, and Section 179's 2026 limit is $2,560,000. This guide shows how small businesses combine both to deduct equipment the year it is bought, with a worked $1.2M example and the disqualification traps to avoid.

bonus-depreciation
section-179
tax-planning
Section 1245 vs. Section 1250: How Depreciation Recapture Erodes Your Bonus Depreciation Benefits
·mike

Section 1245 vs. Section 1250: How Depreciation Recapture Erodes Your Bonus Depreciation Benefits

When you sell depreciated business property, Section 1245 recaptures prior depreciation as ordinary income (up to 37%), while Section 1250 caps the recapture on real estate at 25% — turning a 100% bonus depreciation deduction into a large tax bill at exit unless you plan with cost segregation, 1031 exchanges, and a clean fixed-asset register.

depreciation
bonus-depreciation
cost-segregation
Section 179 vs. 100% Bonus Depreciation Under OBBBA: How Small Businesses Should Choose Equipment Write-Offs in 2026
·mike

Section 179 vs. 100% Bonus Depreciation Under OBBBA: How Small Businesses Should Choose Equipment Write-Offs in 2026

OBBBA permanently restored 100% bonus depreciation and raised the Section 179 cap to $2.56M for 2026. A practical framework for small businesses to choose between them — covering taxable-income limits, state decoupling, SUV caps, and the new Section 168(n) qualified production property deduction.

tax-planning
tax-deductions
depreciation
Real Estate Professional Status: How High Earners Use Section 469(c)(7) to Turn Rental Losses Into Tax Savings
·mike

Real Estate Professional Status: How High Earners Use Section 469(c)(7) to Turn Rental Losses Into Tax Savings

A practical guide to Section 469(c)(7) Real Estate Professional Status — the 750-hour and more-than-half tests, the spousal rule, material participation and the grouping election, common audit failures, and how 100% bonus depreciation in 2026 makes REPS worth the documentation cost.

real-estate
tax-planning
tax-deductions
Cost Segregation Studies: Reclassifying Building Components Into 5, 7, and 15-Year Lives for Front-Loaded Tax Savings
·mike

Cost Segregation Studies: Reclassifying Building Components Into 5, 7, and 15-Year Lives for Front-Loaded Tax Savings

A cost segregation study uses engineering-based analysis to move 20–45% of a building's basis from 27.5- or 39-year straight-line into 5, 7, and 15-year MACRS classes. Combined with the 100% bonus depreciation permanently restored by the One Big Beautiful Bill Act for property placed in service after January 19, 2025, real estate investors can convert a routine $91,000 first-year deduction into roughly $766,000 — provided they clear IRC §469 passive activity loss limits via real estate professional status, the short-term rental rule, or passive income offsets.

cost-segregation
bonus-depreciation
depreciation
Section 179 vs. 100% Bonus Depreciation Under OBBBA: How Small Businesses Should Choose Their Equipment Write-Off Strategy in 2026
·mike

Section 179 vs. 100% Bonus Depreciation Under OBBBA: How Small Businesses Should Choose Their Equipment Write-Off Strategy in 2026

A 2026 decision guide for small businesses choosing between Section 179's $2.56M cap and OBBBA's permanent 100% bonus depreciation, with order-of-operations rules, hybrid examples, and state-conformity caveats.

section-179
bonus-depreciation
depreciation
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