If you made a qualified purchase for your business this year, you may be able to deduct the entire expense from your 2025 taxable income.
If you bought equipment, buildings, furniture, or a vehicle for your business in 2025, you may be able to deduct the entire purchase from your taxes this filing season.
The ‘One Big Beautiful Bill’ made many significant changes to tax laws, which are… [2839 chars]
Source: Investopedia | Published: 2026-01-27T23:13:27Z
Credit: Investopedia
