Temporary versions of bonus depreciation schedules, such as the one in Tax Cuts and Jobs Act, appear to be low-cost, since ...

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.

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

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

Bonus depreciation was raised to 100 percent in 2017’s Tax Cuts and Jobs Act and was scheduled to fall by 20 percent a year ...

The reputation or the goodwill of the automaker plays an important role in determining the depreciation rate. Reputed brands are known for quality, reliability, and high performance which slows the ...

Amortization breaks down large debts or asset costs into manageable payments over time. For loans, it means paying both ...

If you are searching the market for a used car, there are six things you should do right after buying that differ from ...

Thanks to this, you may be on the fence of whether you should go new or used. Hybrid vehicles are becoming increasingly ...

BorgWarner has a record of foreseeing large, long-lasting, and efficiency-enhancing technological trends in the auto-parts industry and then taking an early leadership share through mergers and ...

Understanding net income on Form 1120-S requires a review of the key sections of the form, with a focus on Line 21 and ...