The IRS and Treasury Department released proposed regulations implementing the expanded depreciation provisions under Section 168(k) enacted by the 2017 tax reform act (the Act). The regulations address issues such as the definition of qualified
To learn more about the guidance, watch the replay of the Tax reform readiness webcast: Do the depreciation regulations provide a bonus?
A constantly evolving tax environment with IRS rulings, court cases, and legislation makes it all too easy for companies to miss potential cash flow opportunities. PwC’s Federal Tax Services (FTS) group can help you evaluate your company’s tax position to better capitalize on tax savings and mitigate risks.
Our highly experienced team of former IRS and Treasury officials have a working knowledge of the objectives of tax administrators to help you navigate tax issues you face.