TaxGuyBill
Level 15

@joel727 wrote:

What are you doing about business clients that acquired new assets in 2023 whether to take the 80% or the proposed hundred percent for special depreciation


 

I discuss the options with the client: (a) Use Section 179 (if it is able to be used), (b) File now with 80% and they would potentially need to pay me to amend if Congress retroactively changes it, or (c) Wait a few more weeks to file to see if Congress does anything about it.