Tax Tips: Ins and Outs of Bonus Depreciation December 6, 2011 07:32 AM Tweet TAGS: Marketing, Overseas December 18, 2014 By AgWeb.com Editors Email If you buy a new piece of equipment or construct a building and put it into use on your farm by Dec. 31, the cost is 100% deductible. Farm CPA Paul Neiffer reviews some of the features of bonus depreciation. Learn more from the Executive Women in Agriculture conference. See Paul Neiffer's presentation from the conference. Read Paul's blog, The Farm CPA. Back to news Click here to learn more about the Million Dollar Wildfire Relief Challenge, and see how you can help in the rebuilding effort.