Understanding depreciation can help you lower taxes, plan smarter finances, and see the true value of what you own over time.
What is depreciation? Learn how it works, the main methods and how it impacts your business taxes and accounting.
Treasury and IRS issue Notice 2026-11 on the permanent 100% additional first year depreciation deduction and rules for qualified sound recording productions.
Until recently, bonus depreciation was on track to phase out entirely by 2027, leaving business owners with shrinking tax deductions and added uncertainty around capital planning. Then, on July 4, ...
Learn about the different depreciation and amortization rules pertaining to leasehold improvements for tax basis and GAAP ...
As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire. Bonus depreciation was one of the significant provisions in the ...
Depreciation is a business tax deduction available on most types of tangible company property. The amount of annual depreciation is estimated and is usually based on the original purchase price of an ...
Depreciation is a fairly simple concept. When a business owner buys a fixed asset, that asset loses its value over time, and so its most current value must be accounted for on the company’s balance ...
Straight-line depreciation involves reporting the same amount of depreciation expense each year. (If you were to draw the graph of the expense over time, it would form a straight horizontal line, ...
Recent changes made by the IRS and Congress have greatly expanded taxpayers’ ability to currently deduct the costs of property purchased for business use, instead of having to depreciate those costs ...
The fact a person can't benefit from depreciation on a property but a corporation can is a 'crazy thing', says Trump.
Rising capital expenditure by hyperscalers could translate into significantly higher depreciation charges over the coming years, a dynamic that Morgan Stanley said may not be fully reflected in ...