1. Bonus Depreciation Phase Out from 2023 through 2027 Under current law, 100% bonus depreciation will be phased out in steps for property placed in service in calendar years 2023 through 2027. Thus, an 80% rate will apply to property placed in service in 2023, 60% in 2024, 40% in 2025, and 20% in 2026, … Continue reading “5 Key Points About Bonus Depreciation”