Recent Articles from Thomas Wolf
Keeping Your Balance: Tax reform – key changes to consider in connection with year-end tax planning
A number of the tax reform provisions favorably impact accounting methods for federal income tax purposes, including full expensing and the small taxpayer simplification. First, the new law extends and modifies bonus depreciation through 2026 (or through 2027, for longer production period property and certain aircraft) under amended Section 168(k). The 50 percent bonus depreciation ...
Will health system mergers cut costs?
A number of the tax reform provisions favorably impact accounting methods for federal income tax purposes, including full expensing and the small taxpayer simplification. First, the new law extends and modifies bonus depreciation through 2026 (or through 2027, for longer production period property and certain aircraft) under amended Section 168(k). The 50 percent bonus depreciation ...
No slowdown seen in health system merger spree
A number of the tax reform provisions favorably impact accounting methods for federal income tax purposes, including full expensing and the small taxpayer simplification. First, the new law extends and modifies bonus depreciation through 2026 (or through 2027, for longer production period property and certain aircraft) under amended Section 168(k). The 50 percent bonus depreciation ...