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U.S. Treasury and IRS Issue Guidance on Additional First Year Depreciation Deduction as Provided by the One, Big, Beautiful Bill

|Approved Changes|United States
United States

The U.S. IRS has announced the issuance of Notice 2026-11, which provides guidance on the permanent 100% additional first year depreciation deduction for eligible depreciable property acquired after 19 January 2025 as provided by the One, Big, Beautiful Bill.

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Treasury, IRS issue guidance on the additional first year depreciation deduction amended as part of the One, Big, Beautiful Bil…

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