In this week's AirMail Focus, aviation tax attorney Suzanne Levy, of Advocate Consulting Legal Group, helps aircraft owners ...

Calculate accumulated depreciation up to the point of calculating actual cash value. Accumulated depreciation is the portion of the asset's original value that has been lost through its usage.

Recapture of Depreciation: If you’ve taken depreciation deductions on the equipment, part of the gain might be taxed as ordinary income rather than capital gains under Section 1245 rules.

The UK's health regulator is investigating Ozempic and Mounjaro after linking the drugs to hundreds of severe illnesses and deaths.

Depreciation Rules for a Trial Balance Worksheet. On a trial balance worksheet, you tally all the data for a specific period that you'll need to complete your final financial statements. The trial ...

The Arizona Senate on Thursday voted to approve House Bill 2704, the tax recapture bill that will fund renovations at Chase Field.

Yes, the trend is cynical, but remaking animated movies like How to Train Your Dragon and Lilo & Stitch in live-action isn't a big deal.

Automotive research company iSeeCars conducted a study to find out which car colors have the highest and lowest depreciation rates.