Learn how group depreciation simplifies asset management by pooling similar assets, its benefits, limitations, and why it's ...

Recapture is a seller's right to reclaim previously sold assets within a specified timeframe. Explore how it functions in ...

A firm partner speaking at an AICPA conference laid out fresh guidance on bonus depreciation and Opportunity Zone investing, ...

Depreciation allows you to spread the cost of capital assets -- business assets that last more than one year -- over several years rather than having a large expense in the first year and no expenses ...

One of the major benefits of commercial multifamily investment is that, under IRS rules, property owners and investors are entitled to “depreciate” the value of their asset each year, which reduces ...

Depreciation is how quickly a car loses its value over time. While this number may seem like an abstract concept, it does affect your car's overall worth. Finance experts base this figure on a range ...

Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Buried in the July 4 tax overhaul, formally titled the One Big Beautiful Bill Act, was ...

In accounting, depreciation and amortization are used to allocate, or expense, the cost of an asset over its useful life, or the length of time the asset will be used by the organization. While the ...

One of the most common questions I hear isn't about brands, engines, or deals. It's much simpler than that: "How long should I keep my car?" The answer matters, because keeping a vehicle too long ...

For the first time in at least three years, the IRS issued lower depreciation limitations for passenger automobiles. These limits are updated annually for inflation, based on the automobile component ...