Understanding depreciation can help you lower taxes, plan smarter finances, and see the true value of what you own over time.

President Donald Trump, speaking at the World Economic Forum in Davos, Switzlerland, floated the idea of allowing ...

What is depreciation? Learn how it works, the main methods and how it impacts your business taxes and accounting.

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, ...

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 concept and a method that recognizes that some business assets become less valuable over time and provides a way to calculate and record the effects of this. Depreciation impacts a ...

Learn about the different depreciation and amortization rules pertaining to leasehold improvements for tax basis and GAAP ...

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 ...

When you claim depreciation, it reduces your tax liability by reducing your taxable net income. Although paying less in taxes is usually desirable, there are times that you might want to avoid having ...

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 ...

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 ...

The Internal Revenue Service considers any auto with an unloaded gross weight of 6,000 pounds or less a luxury vehicle. It gives you two ways to depreciate a luxury auto used for business purposes.