New rules are changing business write-offs this tax season

Before you make your next big business purchase, there’s a tax update you need to know…

In a special segment from this week’s episode of The Big Idea with Elizabeth Gore, featuring Vita Coco (COCO) Co-Founder and Executive Chairman Mike Kirban, Elizabeth takes a tax break to unpack major changes impacting business deductions. With tax season underway, she explains new rules allowing full first-year write-offs on qualifying asset purchases, higher Section 179 limits, and bonus depreciation updates designed to help entrepreneurs invest, grow, and plan smarter.

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