QPP – The Burns Firm – Advisors of Complex Financial Matters

Business Tax Update: IRS Guidance on QPP Depreciation Rules

April 30th, 2026|Categories: Accountant, accountant near me, Burns Firm, Business, Business Depreciation, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Depreciating Business Assets, Depreciation, QPA, QPP, QPP Depreciation Rules, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: Business Depreciation Deductions, Depreciation Deductions, Nonresidential Real Property, OBBBA, QPAs, QPP, QPP Depreciation Rules, Safe Harbor Rule for Certain Property Placed in Service in 2025, tax, tax advisor, The Burns Firm|

Under the One Big Beautiful Bill Act (OBBBA), eligible businesses can claim 100% first-year depreciation for nonresidential real estate that's classified as qualified production property (QPP). This provision can [...]