- What Is IRS Notice 2026-16?
- Key Requirements
- Why This Matters
What Is IRS Notice 2026-16?
If you are in construction accounting, this is the news you have been waiting for. The new Section 168(n) allows taxpayers to elect a 100% depreciation deduction on qualified production property—essentially factory buildings used in manufacturing.
Key Requirements
✅ Construction must BEGIN after January 19, 2025
✅ Property placed in service before 2031
✅ Applies to new factory builds and eligible components
Why This Matters
This is not a phase-down. It is full immediate expensing. This is the biggest depreciation benefit since bonus depreciation was made permanent.
Who Qualifies?
Construction companies building new facilities, manufacturers expanding production capacity, and anyone investing in qualified manufacturing buildings may benefit from this deduction.
We Can Help
We serve clients nationwide via phone and Zoom. Let us help you determine if your construction project qualifies for this major tax benefit.
Jason Astwood is a highly credentialed tax strategist and financial advisor who bridges the gap between complex tax law and holistic business growth. As an IRS Enrolled Agent with an MBA and advanced designations as a Financial Services Certified Professional (FSCP) and Life Underwriter Training Council Fellow (LUTCF), Jason provides a 360-degree view of business health that generalist CPAs simply cannot match. With over 15 years of experience, he specializes in building proactive tax strategies and S-Corp optimization systems that protect assets, minimize liability, and ensure his clients keep more of what they earn.Jason specializes in helping business owners minimize tax liability, optimize cash flow, and build long-term financial success. His combined expertise as a tax strategist, financial advisor, and Fractional CFO empowers entrepreneurs to scale their businesses with confidence.
