Is 100% bonus depreciation back?

Yes. OBBBA restores and makes permanent 100% bonus depreciation for qualified property acquired and placed in service after Jan. 19, 2025. Section 179 limit: Increased to $2.5M, phaseout at $4M.

Sample Scenario: ABC Manufacturing buys $500,000 of equipment in February 2025. They can immediately expense the full amount using bonus depreciation.