2024 Bonus Depreciation Bill Of Sale. Tax legislation, with 100% bonus depreciation standing out as a beacon for economic growth and. The bill will restore the value of those tax incentives.
In 2024, bonus depreciation continues to be a valuable tool for businesses looking to invest in new or used property, offering a deduction of a certain percentage of the assetโs cost in the first year. 27, 2017, and placed in service during 2024, for 2024 and each succeeding tax year.