When you business buys an asset that should last more than one year, the Internal Revenue Service generally requires that you depreciate the asset. Depreciation spreads the item's cost out over its ...

Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was ...

Assets include any valuable item owned by a small business. This might include cash, investments, property and equipment. Assets depreciate over time. If two companies merge, it's imperative for both ...

A. We hope this property has been a profitable one for you. And now that you’re selling, you know the government wants to get its due. The taxable income realized on the sale of depreciated real ...

Depreciation is the recovery of the cost of a physical asset, like property or equipment, over multiple years. It allows companies to spread out the cost of some expenses, reduce taxable income and ...

Assets like equipment, vehicles and furniture lose value as they age. Parts wear out and pieces break, eventually requiring repair or replacement. Depreciation helps companies account for the ...

A. We hope this property has been a profitable one for you. And now that you’re selling, you know the government wants to get its due. The taxable income realized on the sale of depreciated real ...