The Expansion of Expensing Depreciable Property Under the OBBBA

The so-called One Big Beautiful Bill Act made a number of significant changes to the tax law. Among these was the expansion of rules governing the upfront expensing of certain depreciable property. While the changes are largely favorable to taxpayers, there are several potential traps for the unwary.

5 minute read December 29, 2025 at 02:45 PM
By
Ezra Dyckman and Charles S. Nelson
The Expansion of Expensing Depreciable Property Under the OBBBA

The so-called One Big Beautiful Bill Act (OBBBA), which was enacted on July 4, 2025, as P.L. 119-21, made a number of significant changes to the tax law. Among these was the expansion of rules governing the upfront expensing of certain depreciable property.

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