Depreciation expense can be a big portion of a company’s total expense. And since expenses decrease income, it affects the overall value of a company. Understanding what it is and the methods can help ...

If you recorded a $1 million expense this month for buying a factory or an office building, it might leave your ledger swimming in red ink. Depreciation lets you expense the purchase price over time ...

Underestimating depreciation can lead to overstated asset values, inaccurate expense reporting, and misleading financial ...

Depreciation on the property in the insurance sense of the word is not a recurring expense. For accounting purposes, most policies remain silent on whether it should be counted as a continuing or ...

Depreciation is an accounting tool used to spread the cost of valuable assets over a number of accounting periods. Rather than incurring the entire expense in a single period, business owners can ...

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 ...

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 ...

In 1984 Stanley Kurzet sold his business and invested the proceeds in a Lear jet and a timber farm in Oregon. He also owned other business and investment properties and a residence in California. On ...