The Treasury Department and the Internal Revenue Service proposed regulations Friday to increase and expand the first-year depreciation deduction for qualified property from 50 to 100 percent, carrying out a provision of the Tax Cuts and Jobs Act.     Home  |  Register       Tax Practice   Aug 07, 2018       Top Stories   Treasury and IRS propose regulations for increasing depreciation deduction to 100% by MICHAEL COHN   The Treasury Department and the Internal Revenue Service proposed regulations Friday to increase and expand the first-year depreciation deduction for qualified property from 50 to 100 percent, carrying out a provision of the Tax Cuts and Jobs Act. READ MORE »       Tech firms surrender their crucial billion-dollar tax deductions by LAURA DAVISON   Silicon Valley