Prior $to$ the Tax Cuts and Jobs Act $of2017,$ bonus depreciation applied only $to$ new assets. Under the TCJA, qualified property, whether new $or$ used, qualifies for $100\%$ bonus depreciation.

Amy $is$ deciding whether $to$ buy the stock $of$ Mondo Corporation $or$ its assets. How does this change affect her decision?

The ability $to$ fully expense used, qualified assets acquired from Mondo Corporation $is$ available under

$.$ Therefore,

would $be$ more favorable for Amy.