Over time, the value of a company's capital assets decline. This is a normal phenomenon driven by wear and tear, obsolescence, and other factors. This depreciation in the asset's value must be ...

One of the more interesting facets of the U.S. Tax Code is the allowance for depreciation. Depreciation expense is a theoretical cost of using a company asset that has a life longer than one year.

Depreciation measures how quickly an asset loses value before it breaks down or becomes obsolete. Accumulated depreciation is the total amount of an asset's original cost that has been allocated as a ...

When a company purchases an asset it does not expect the asset to retain its current value forever. Instead, the company expects the asset to depreciate, or loose some of its value over time.

The Tax Cuts & Jobs Act of 2017 (TCJA) is providing many business owners with a potential treasure trove of tax savings but also potential surprises. In this short article, we’ll be discussing some of ...

These include rental income, which acts like dividend income, along with substantial tax advantages and expense write-offs, which can feel like bonuses. "Owning a rental property isn't just about ...

Depreciation is commonly understood and interpreted as decline of value. A car or truck depreciates when driven from the dealer’s lot. Equipment and structures depreciate. Land does not. Many ...

Ask many CFOs how to figure Depreciation in Line 1 of B/CA's Fanjet 5000 Annual Operating Budget and they'll tell you to write down the aircraft to zero value in six years. That's fine for deferring ...