Gabor Tax Law Associates

04/26/2026

# # 100% Bonus Depreciation Is Back: A Game-Changer for Your 2026 Cash Flow

For the last few years, business owners watched their tax breaks for equipment purchases slowly dwindle. We went from a full 100% deduction down to 80%, then 60%, making it harder to justify big investments in machinery or technology.

**That just changed.** With the passage of the **One Big Beautiful Bill Act (OBBBA)**, the tax landscape has shifted back in favor of growth. As of 2026, **100% Bonus Depreciation** has been officially restored and made permanent for qualified property.

# # # What This Means for Your Business
Essentially, if you buy equipment for your business, you don't have to wait years to "write it off." You can deduct the **entire cost** in the very first year the item is put into use.

This applies to a wide range of "qualified property," including:
* **Machinery and Equipment:** From heavy yellow iron to specialized tools.
* **Technology:** Computers, servers, and certain "off-the-shelf" software.
* **Office Furniture:** Desks, chairs, and fixtures.
* **Certain Vehicles:** Business-use vehicles that meet specific weight requirements.

# # # Why the Timing Matters
Cash flow is the lifeblood of any small business. By taking a full 100% deduction upfront, you significantly lower your taxable income for the year. This leaves more cash in your bank account right now—capital you can use to hire new staff, increase your marketing, or build up your reserves.

# # # A Quick Strategy Note
While 100% bonus depreciation is a powerful tool, it’s not always "one size fits all." In some cases, electing to use **Section 179** or even standard depreciation might be more beneficial depending on your specific state tax laws or long-term income projections.

**The Bottom Line:** If you’ve been holding off on a major purchase, the tax code is now giving you a green light. 2026 is the year to invest in the tools that will take your business to the next level.

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**Is your business planning a major upgrade this year? Drop a comment below or send us a message to discuss how these new rules might impact your 2026 tax strategy!**

12/11/2022

ATTN: CPA’S, ACCOUNTANTS AND BOOKKEEPERS:

Rapidly growing CPA firm seeks accountants at all levels, including PARTNERSHIP LEVEL accountants.
Remote work is ok.

email resume in confidence to [email protected]

12/02/2022

Start a Business - Buying a Franchise may be an effective way to get into a business or industry where you may not have all of the resources or experience yourself. The Franchisor can provide you with practically everything plus the know how to get up and running in a short time, and may even help you with lease negotiations for your retail negotiations, which they approve. The franchisor must disclose certain info to you so that you know what you are getting into, including the franchise fee and royalty. Call us for more info and to negotiate the best deal for you.
https://www.ftc.gov/business-guidance/resources/consumers-guide-buying-franchise

04/07/2021

The best way to prevent an audit is to avoid tax scenarios that catches the IRS's attention in the first place. Here are five ways to do that.

03/17/2021

The Internal Revenue Service will delay the April 15 tax-filing deadline until mid-May, according to two people familiar with the decision.

01/25/2021

Among them: You really do have to plan for emergencies, and your personal-finance decisions don’t exist in a vacuum.

12/25/2020

If you deal in crypto you need to contact us! The IRS is coming after you!

The Internal Revenue Service (IRS) is making it harder for taxpayers to conceal cryptocurrency transactions.

12/23/2020

The $900 billion coronavirus relief deal includes six tax breaks for Americans. Another three tax benefits show up in the government spending bill attached to the package.

12/17/2020

IR-2020-264, November 25, 2020 — The Internal Revenue Service today reminded taxpayers of a special new provision that will allow more people to easily deduct up to $300 in donations to qualifying charities this year.

12/06/2020

Act now if you’ve worked remotely from another state in 2020—or else.