OBBBA Deep Dive: Bonus Depreciation, Qualified Property, and Strategic Planning

Description

The One Big Beautiful Bill Act (OBBBA) introduces complex rules that directly impact cooperative tax planning. This session delivers the latest guidance and translates it into practical applications with concrete illustrations. You’ll explore Qualified Deduction Property, including qualified production property, bonus depreciation, construction timelines, effective dates, and carve-outs. Bonus depreciation rules and other election provisions will also be covered, giving tax and accounting professionals the tools to navigate compliance, optimize deductions, and make strategic planning decisions under current law.