Surgent's Depreciation Rules for Bonus and Section 179 Expensing
Online
2.00 Credits
Member Price $99.00
Non-Member Price $134.00
Overview
Thanks to the One Big Beautiful Bill Act (OBBBA) passed in 2025, 100% bonus depreciation is now permanently available for new and used assets. OBBBA has restored 100% bonus depreciation and increased the depreciation that can be taken under Section 179. OBBBA also provided a new, important depreciation topic — qualified production property. These topics, covered extensively in the program, are vital for tax practitioners advising business taxpayers.
Objectives
- Understand the new depreciation rules associated with OBBBA
Highlights
- OBBBA permanently restores 100% bonus depreciation
- Notice 2026-11 confirms existing bonus framework and availability of component elections
- Qualified improvement property (QIP) is boosted by OBBBA
- Qualified production property (QPP): established by OBBBA, clarified by Notice 2026-16
- Definitions
- Timing
- Inclusions/exclusions
- Third-party lease scenarios
- Election mechanics
- Recapture
- New enlarged Section 179 ceiling limitations
- OBBBA energy incentives sunset guide
- 179D deduction still in play
- Tangible property regulations and their role in a strategic hierarchy of depreciation
Designed For
Accounting and finance professionals who anticipate advising clients with respect to depreciation of business property
Prerequisites
A basic understanding of the tax rules relating to individual income tax
Preparation
None
Notice
To access this program, log into your CTCPA account at https://www.ctcpas.org/my-cpe/upcoming and click on the orange "Launch Event" button.
Leader(s):
Leader Bios
Michael Tucker, Surgent McCoy CPE, LLC
MICHAEL J. TUCKER, CPA, MBA, J.D., LL.M., Ph.D. Mike is an employee of Surgent McCoy CPE, LLC. He authors materials and scripts for the monthly Edward Jones sponsored All Star Tax programs. Mike also writes materials for and conducts almost daily webinars on a variety of tax related topics. Mike works in the offices of T. M. Byxbee Company, CPAs, Mike’s duties at T.M. Byxbee Co. involve advising individual and business clients on a wide variety of transactional matters. Mike was formerly a professor of accounting at Quinnipiac University, in Hamden, CT, where he taught graduate and undergraduate law and tax programs. Mike received his J.D. from New York University and his LL.M. from Georgetown University Law Center. He is a CPA and received his Ph.D. from the University of Houston.
Non-Member Price $134.00
Member Price $99.00