OrbitaxIRS Issues Guidance on Section 179 Expenses and Section 168(g) Depreciation Under Tax Cuts and Jobs Act
|Approved Changes|United States
On 21 December 2018, the U.S. IRS announced the issuance of a revenue procedure on changes made by the Tax Cuts and Jobs Act in relation to deducting expenses under Section 179(a) and on deducting depreciation under Section 168(g).
---
WASHINGTON — The Internal Revenue Service issued Revenue Procedure 2019-08 today to provide guidance on deducting expenses under Section 179(a) a…
Continue Reading
