![Bonus Depreciation – Rules, Elections & State Conformity [2025 Guide]](https://www.cpapilot.com/blog/wp-content/uploads/2025/10/Bonus-Depreciation.png)
Bonus depreciation allows businesses to deduct up to 100% of the cost of qualified property in the year it is...
The Qualified Business Income (QBI) deduction under Section 199A allows eligible pass‑through owners—sole proprietors, partners in partnerships, S corporation shareholders,...
Pass-through entities offer one of the most tax-efficient ways to structure a business in the U.S., particularly for small to...
The State and Local Tax (SALT) deduction lets taxpayers who itemize on Schedule A (Form 1040) reduce their federal taxable...
