45 tagged with "Bonus Depreciation"
First-year bonus depreciation rules, qualifying property, and tax savings under the One Big Beautiful Bill Act
Tow Truck and Vehicle Recovery Service Bookkeeping: A Practical Guide for Independent Operators
How independent tow operators should segment revenue across cash calls, motor clubs, police rotation, and heavy recovery — plus accruing impound storage daily, handling mechanic's lien sales, applying Section 179 to wreckers, and reserving for on-hook claims.
Mobile Mechanic Bookkeeping: Premium Billing, Section 179, Markup Matrix, and Warranty Reserves
A working playbook for mobile mechanic bookkeeping — tiered labor rates, a parts markup matrix targeting 58% gross margin, actual-expense vs 72.5-cent standard mileage, Section 179 on scan tools and upfitted cargo vans, comeback warranty reserves, and quarterly Schedule C obligations.
Commercial Print Shop Bookkeeping: Press Hour Rate, ASC 606, and KPIs That Catch Margin Leaks
A practical guide to commercial print and sign shop bookkeeping — calculating a loaded press hour rate, applying ASC 606 over-time recognition for customer-specific goods, tracking paper and ink spoilage with reserves, stacking Section 179 with 100 percent bonus depreciation on press equipment, and watching KPIs like press uptime and makeready waste that catch margin leaks before they reach the P&L.
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.
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.
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.
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.
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.
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.
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.
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.
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.