The Biz Beat – Episode 36: FinCEN Reporting, Trump Accounts, Bonus Depreciation

This episode covers recent changes in FinCEN reporting, including a new reporting requirement tied to certain residential real estate transactions without bank financing that begins March 1, 2026. Lee and Eric also share an update on Trump accounts, including timing for when accounts can be opened and new IRS draft reporting forms. They wrap with a mailbag question on bonus depreciation, including how it can apply to racehorses and other business assets like certain heavy SUVs.