The bill eliminates the adjustments beginning on January 1, 2025. It also increases the threshold before an addback is required for property that was placed in service before 2025.

Nov 10, 2025 · This has been resolved, please download the latest update for TY24 ProSeries. After a recent update, ProSeries 2024 1065 and 1120S returns are missing the follo... read more

This bill increases the Section 179 depreciation threshold for Indiana tax purposes from $25,000 to $100,000, effectively allowing businesses and individuals to deduct more of their capital …

May 28, 2025 · Recent legislative changes have significantly altered the approach to Indiana’s business personal property tax exemption for 2025. Here’s what you need to know now:

Jan 13, 2025 · Couples Indiana depreciation provisions with federal depreciation provisions under Section 179 of the Internal Revenue Code (Section 179). Increases the Section 179 threshold …

E-file start and stop dates have been updated for this tax year. For more depreciation resources, check out our Tax topics page for Schedule C where you'll find answers to the most commonly …

Couples Indiana depreciation provisions with federal depreciation provisions under Section 179 of the Internal Revenue Code (Section 179). Increases the Section 179 threshold from $25,000 …

Jan 13, 2025 · Couples Indiana depreciation provisions with federal depreciation provisions under Section 179 of the Internal Revenue Code (Section 179). Increases the Section 179 threshold …

For certain qualified property placed in service before January 20, 2025, a phase-down of the special depreciation allowance is in place. Certain qualified property placed in service after …

Sep 9, 2025 · Can someone explain why, when I enter data into the federal asset entry worksheet in the 1120s, the depreciation schedule doesn't flow to the balance sheet? I am using …