video1.0<iframe src="https://www.loom.com/embed/478831616618421897c6085934a5ec8e" frameborder="0" width="1728" height="1296" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>12961728Loomhttps://www.loom.com12961728https://cdn.loom.com/sessions/thumbnails/478831616618421897c6085934a5ec8e-4618943fe51e8893.gif57.916In this video, I provide an update on the reinstatement of bonus depreciation as part of the One Big Beautiful Bill, effective for asset purchases made after January 19, 2025. Qualified assets include items with a 20-year life or less, such as computers, furniture, and equipment. It's important to note that any asset with a written contract in place prior to this date will not be eligible for the 100% bonus depreciation. I encourage you to review your upcoming asset purchases and contracts to ensure you maximize your benefits under this new legislation.