Depreciation is the system by which your business recoups the purchasing cost of capital assets over time. This accounting method also lowers the value of the majority of these assets with use and ...

The Internal Revenue Service has issued a revenue procedure updating the depreciation deductions allowed for owners of passenger automobiles, trucks and vans placed in service in 2019, providing the ...

Learn about acquisition adjustments, their role in M&A premiums, and how they impact asset valuation, depreciation, and corporate taxes.

Bonus depreciation is a pro-taxpayer measure Congress enacted in the early 2000s to reward businesses for investing in new property. It allows taxpayers to immediately deduct a certain percentage of ...

There are dollar limits on the depreciation deductions (including deductions under the IRC §179 expensing election) that can be claimed with respect to passenger automobiles. That limit is adjusted ...