Since 2002, bonus depreciation under the Job Creation and Worker Assistance Act has been allowed in some form. Bonus depreciation allows for more current expensing for eligible property than allowed ...

Recoverable depreciation is only applicable for replacement cost value (RCV) policies and allows policyholders to recoup the difference between the actual cash value (ACV) and RCV, after providing ...

Currently, bonus depreciation enables taxpayers to depreciate 100 percent of the purchase price of qualifying property in the year it’s placed in service. To qualify, the property must have a recovery ...

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 ...

Washington (July 25, 2002) -- Senator Kit Bond said the Treasury Department has hit a home-run for small businesses by agreeing to issue guidance exempting light trucks and vans used in business from ...

BSNL reported a net loss of ₹1,357 crore for the September quarter, widening losses attributed to increased depreciation and ...