As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire.

Following the Republican victory in the 2024 election, tax reform and political changes are at the forefront of every ...

In today's dynamic economic landscape, various factors significantly influence the depreciation of assets. From interest ...

Depreciation reflects asset value loss over time, affecting financial statements. Straight-line method spreads depreciation evenly, while accelerated front-loads expenses. Understanding ...

Part of that process includes what’s called “recoverable depreciation.” Recoverable depreciation refers to the gap between the depreciated value of an item and how much it costs to replace a ...

Bonus depreciation is an acceleration of depreciation adjustments into the first year. Eligible property includes assets with a life of 20 years or less. This can include personal property ...