Podcast: Bonus Depreciation Back?

Gemini Sparkle

Key Takeaways:

  • New legislation in Washington is being considered that could reinstate 100% depreciation for equipment purchases.
  • This potential policy would be a welcome benefit for the aviation industry for another year, if passed.
  • The outcome of this legislation is uncertain due to the daily changing political landscape.
  • The article introduces an AVweb podcast featuring Daniel Cheung of Aviation Tax Consultants discussing this topic.
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Bose A20 Aviation Headset

The political map in Washington is changing daily, but tucked under all the bombast and rhetoric is a section of the legislation now in play that will be welcome news to the aviation industry. If all goes well in the next few days (and there are no guarantees of that), 100 percent depreciation of equipment purchases will be back in force for another year. AVweb‘s Russ Niles spoke with Daniel Cheung of Aviation Tax Consultants.

This podcast is brought to you by Bose Corporation.

Duration:

File Size: download here

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