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Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function. Q. Can you show me how ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Vikki Velasquez is a researcher and writer ...

When your company purchases a fixed asset with an estimated lifetime exceeding one year, you cannot deduct the entire cost in the year of purchase. Rather, you must depreciate the asset by expensing a ...

William Kastin P.C., Bahar Schippel P.C. In general, improvements to non-residential real property have a 39-year depreciation recovery period. Prior to the TCJA, an additional first year bonus ...

If you have to file a homeowners insurance claim to replace damaged, destroyed or stolen items, you might be surprised to learn your policy doesn't necessarily cover the full cost of a replacement.

`Better late than never” seems to be the IRS motto. — Taxpayers who purchased depreciable property such as rental houses, apartments, offices, and commercial buildings after May 8, 1985, need the new, ...

Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Buried in the July 4 tax overhaul, formally titled the One Big Beautiful Bill Act, was ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Investing for retirement is historically fraught with risk and fear. Investors in this group are generally older, ready to press on the brakes and work less yet still need a reliable source of income.

Depreciation in the value of a car is as inevitable as death and taxes. The good news is that it's possible to identify the worst offenders and mitigate its effects. Most cars lose between 50% and 60% ...