What Businesses Should Know About the New 100% Bonus Depreciation Rules

The One Big Beautiful Bill (OBBB) (P.L. 119-21) enacted in 2025 included significant amendments to the bonus depreciation rules under Section 168(k). It permanently reinstated bonus depreciation at 100% of the cost of eligible property, while modifying eligibility criteria and timing rules that apply to when property is acquired and placed in service. The OBBB also created a new depreciation deduction under Section 168(n) for Qualified Production Property (QPP) which allows taxpayers a... By: Potomac Law Group, PLLC