By choosing to front-load depreciation deductions through strategies like bonus depreciation and cost segregation, you can ...

Businesses should start planning now to navigate 2025 proactively and prepare for the potential impact to their tax position.

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

By front-loading depreciation expenses using accelerated depreciation, companies can reduce taxable income in the short term. This accounting technique can be particularly advantageous for ...

Straight-line method spreads depreciation evenly, while accelerated front-loads expenses. Understanding depreciation helps in making informed investment decisions. Key findings are powered by ...

Other typical examples of overhead in cost accounting include indirect labor, indirect materials, utilities, and depreciation. Companies use cost accounting to identify all of the expenses ...

By the calendar, it’s January 2025, but if your business is on a fiscal year, you may still be in 2024 — at least for tax ...

Higher growth, higher wages and reduced inequality are invariably good for the top line and good for society. But lower margins, higher inflation and higher interest rates all augur for lower ...

The portion of the business standard mileage rate that is treated as depreciation for purposes of calculating ... substantiated for an employer's reimbursement to employees for expenses they incur in ...

Persistently high inflation, triggered by currency depreciation and unconventional economic policies ... utilities and other ...