What is depreciation? Learn how it works, the main methods and how it impacts your business taxes and accounting.

President Donald Trump, speaking at the World Economic Forum in Davos, Switzlerland, floated the idea of allowing ...

Understanding depreciation can help you lower taxes, plan smarter finances, and see the true value of what you own over time.

New IRS guidance tied to the 2025 US tax law may allow more aircraft buyers to qualify for 100% bonus depreciation, NBAA says.

Donald Trump has suggested extending depreciation—an annual tax deduction that lets owners recover property costs over ...

The fact a person can't benefit from depreciation on a property but a corporation can is a 'crazy thing', says Trump.

Learn how comprehensive tax allocation reconciles tax and financial reporting, uncovering discrepancies in income, expenses, ...

With major provisions of President Trump’s Tax Cuts and Jobs Act of 2017 set to expire this year, there’s increased attention to how much it would cost to extend key portions of the act and how the ...

Most tangible assets lose value over time. Equipment wears out, buildings require regular maintenance and upkeep, and computers become obsolete. To reflect the steady loss of value in capital assets, ...

As Congress considers new tax reforms, equine businesses should be aware of potential changes, such as the Racehorse Cost Recovery Act and Racehorse Tax Parity Act, that could impact depreciation ...