Build Once, Deduct Fast: How the QPP Deduction Can Expense Your Production Facility in Year One
If you’re planning a new plant or major expansion in the U.S., the One Big Beautiful Bill Act (OBBBA) just changed the math. The new IRC §168(n) created Qualified Production Property (QPP) deduction, an elective 100% first-year deduction for certain production-integral portions of nonresidential real property. For qualifying projects, what used to be a 39-year […]