
The New 100% Manufacturing Facility Deduction: A Historic Tax Break You Don’t Want to Miss
If you’re planning to expand production, onshore operations, or modernize your facilities, the new 100% deduction for qualified production property
When I finally committed to my solo Upper Peninsula trip, I knew my aging vehicle wasn’t ideal for the journey, but I convinced myself it would be fine. A couple years ago, my mechanic advised me to plan for a new vehicle. I had the resources and time to research, but I kept making excuses. The result? I had to buy quickly at peak prices. In the end, I got a solid Subaru Outback, but I could have avoided the stress and extra cost if I’d acted sooner.
When the work you want to do demands different tools, either keep forcing the old setup or invest and move. Sometimes the right tool isn’t just about function. It also frees mental energy and helps you operate more effectively. Don’t wait until your old system breaks down; that can be an expensive lesson.
Apply it:
Building on this idea of taking decisive action, in my next post I’ll explore how to keep moving forward even in uncertain conditions by staying prepared.

If you’re planning to expand production, onshore operations, or modernize your facilities, the new 100% deduction for qualified production property

Business owners, get ready: 100% bonus depreciation is back and stronger than ever, joined by a groundbreaking new deduction for
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Intuit, QuickBooks, and QuickBooks ProAdvisor are registered trademarks of Intuit Inc. Used with permission under the QuickBooks ProAdvisor Agreement.