100% bonus depreciation coming back for 2023 tax year?

Question

I have seen some things online about 100% bonus coming back for the 2023 tax year? Do you know if this is true or not? I am assuming not since Sage has it set at 80% still.

Delray · Answer

Hello Joshua, 
 Yes, there was Community Hub (sage.com) where we announced the proposed changes, but the last I heard those changes have yet to pass the Senate. 
 We have been working on a product update to be applied to the 2024.1 version of the program if the changes do get passed into law. So, we will be ready for it if/when those changes are made. 
 ~Delray

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100% bonus depreciation coming back for 2023 tax year?

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