Save Money on Your 2025 Taxes!

What’s new under the One Big Beautiful Bill Act?

100% Bonus Depreciation is back – and it’s bigger than ever!

§ Deduct 100% of the cost of qualifying equipment in the year it’s placed in service

§ No dollar limit – great for large scale investments

§ For equipment placed in service after January 19, 2025

§ Benefits for you include immediate tax savings, boost cash flow, and free up capital for reinvestment

§ Applies to new or used equipment

Section 179 Deduction – Related but Separate

§ While bonus depreciation is uncapped, OBBBA also raises the Section 179 expensing cap to $2.5 million, with a phase-out after $4 million of qualifying property placed in service

§ Section 179 covers tangible personal property and some real property, but operates independently of bonus depreciation limits

What's New for 2025:

*Equipment must be purchased and placed into service by 12/31/25

**Note: This information should not be considered tax advice from Runnion Equipment. Contact the IRS and your tax advisor for details