Discover how different depreciation methods affect long-term asset values and short-term earnings, plus key assumptions that influence financial health.

When depreciating an asset, companies need to consider either a straight-line or accelerated schedule. When choosing the latter, the double-declining balance mode of depreciation is among the most ...

Assets like equipment, vehicles and furniture lose value as they age. Parts wear out and pieces break, eventually requiring repair or replacement. Depreciation helps companies account for the ...

Generally, for most business property, with the exception of real estate, it is legal to depreciate the cost at a rate faster than would be allowed under straight-line depreciation. For example, cars ...

When companies invest in assets, they expect those assets to last a certain number of years. Over time, they’re depreciated based on their remaining serviceable life and any potential saleable value ...

Here’s how you can use business asset depreciation to reduce your taxable income and save money. Because business assets such as computers, copy machines and other equipment wear out over time, you ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Ryan Eichler ...

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 ...

CHICAGO, IL. ---ADS, Nationwide experts in accelerated depreciation strategies, has appointed Gabrielle Glass, MBA as a regional director of sales. Based in Chicago, Glass will work with CPAs, ...