How will the changes presented in the new tax law impact your sector? Explore industry-specific tips and
examples below.
Manufacturing
Equipment depreciation + QPP facility benefits + R&D expensing
Support domestic production strategies
R&D equipment immediately deductible
100% depreciation on all qualifying machinery
Commercial vehicles qualify for immediate expensing
Additional labor advantages through 2028
Construction
Software development and hardware immediately deductible
Servers, networking, and development equipment qualify
Small tech companies can claim 2022-2024 refunds
Technology
Get even more industry-specific details on these changes, plus best practices for using them to your advantage and a real-world case study: Learn More
Full immediate deduction for food service equipment
Competitive advantage in hiring and retention
Furniture, fixtures, and technology qualify
Restaurants/Hospitality