Under the 2017 Tax Cuts and Jobs Act, you can take a 100% deduction on new and old equipment in the first year. It expires in 2022, but that's because of the sh

Under the 2017 Tax Cuts and Jobs Act, you can take a 100% deduction on new and old equipment in the first year. It expires in 2022, but that's because of the shenanigans to avoid formally violating deficit rules, which use a 10-year window for assessing budget impact. I think there's a good chance that it'll be extended as you can game the budget analysis that way indefinitely.