Accumulated depreciation is recorded in a contra account as a credit, reducing the value of fixed assets. The four methods allowed by generally accepted accounting principles (GAAP) are the ...

Straight-line or uniform depreciation is the most frequently used method of depreciating new equipment for financial statements. In straight-line depreciation, the equipment loses an equal part of ...

Choosing the right depreciation method for your FM assets can have significant impacts on your financial reporting, tax obligations, and asset management strategy. In this article, we will explain ...

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

Depreciation refers to when the value of something goes down over time. Jack and Trisha bought a new car for £8500 in 2009. In the first year, its value depreciated by 20%, in the second year by ...

With the existing "historic cost" method of depreciation, higher inflation rates reduce the ... raised 21 percent by an 8 percent expected inflation rate if the firm uses a 4 percent real discount ...

Real estate investing provides many tax benefits, and depreciation is one of the biggest. It’s also one of the more misunderstood. Depreciation lets you deduct a portion of the cost of the ...