Thursday, August 01, 2019

Washington - IRS, Treasury issue guidance on making or revoking the bonus depreciation elections

The Internal Revenue Service today issued a revenue procedure allowing a taxpayer to make a late election, or to revoke an election, under section 168(k) for certain property acquired by the taxpayer after September 27, 2017, and placed in service by the taxpayer during its taxable year that includes September 28, 2017.

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USA: President Donald J. Trump Restricts the Entry of Foreign Nationals to Protect the United States from Foreign Terrorists and Other National Security and Public Safety Threats

President Donald J. Trump signed a Proclamation to protect the nation from foreign terrorist and other national security and public safety t...