Friday, September 20, 2019

Washington - Treasury, IRS release final and proposed regulations on new 100% depreciation

The Treasury Department and the Internal Revenue Service today released final regulations (PDF) and additional proposed regulations (PDF) under section 168(k) of the Internal Revenue Code on the new 100% additional first year depreciation deduction that allows businesses to write off most depreciable business assets in the year they are placed in service by the business.

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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...