Uncommon
Heavy Machinery
Accelerate deductions for qualifying business equipment.
About this strategy
Heavy machinery purchased and placed in service for a business can create significant depreciation deductions. Depending on the equipment, business use, acquisition date, and taxpayer's circumstances, the cost may qualify for Section 179 expensing, bonus depreciation, or depreciation over the asset's applicable recovery period. Current law provides 100% bonus depreciation for many types of qualifying property acquired and placed in service after January 19, 2025.
Implementation resources
Slides, templates, and supporting videos.