Solar Bonus Depreciation Ending – What That Means For Business Going Solar
Many businesses use MARCS depreciation, or the Modified Accelerated Cost Recovery System, to model how an asset will depreciate. Solar has a 5-year cost recovery period. Bonus depreciation allows an investor to recognize 100% of the depreciation in the same tax year the system is placed in service. Currently, in 2022, the basis of depreciation […]