• 2023 Bonus Depreciation

    According to the tax regulation, bonus depreciation now ramps down to 80%, starting in 2023. However, in the software, the input dropdown option is either 50%, or 100%. How to make the software calculate an 80% bonus depreciation on the fixed assets?…
  • Bonus depreciation in version 2016.1

    We upgraded to version 2016.1 today. At the end of 2015, we were told this upgrade would reflect the tax law passed in December 2015 that resurrected bonus depreciation. Unfortunately, the software is still not calculating bonus depreciation on a luxury…