Discover how different depreciation methods affect long-term asset values and short-term earnings, plus key assumptions that ...

There are several ways a business can depreciate an asset—namely through straight line or accelerated modes. For an accelerated depreciation schedule, sum-of-years digits is typically the most common.

When depreciating an asset, companies need to consider either a straight-line or accelerated schedule. When choosing the latter, the double-declining balance mode of depreciation is among the most ...

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 ...

Generally, for most business property, with the exception of real estate, it is legal to depreciate the cost at a rate faster than would be allowed under straight-line depreciation. For example, cars ...

Depreciation is a calculation used to work out the value of assets over time and use. It's drawn from two essential pieces of information—how much an asset originally cost, and its "useful life." ...

Accounting for depreciation can be a helpful accounting trick when businesses make a major purchase. Depreciation has several different meanings, depending on the context in which it’s being used.

CHICAGO, IL. ---ADS, Nationwide experts in accelerated depreciation strategies, has appointed Gabrielle Glass, MBA as a regional director of sales. Based in Chicago, Glass will work with CPAs, ...

The bonus depreciation phase-out may impact manufacturers who regularly make large-ticket capital equipment purchases and have relied on bonus depreciation to lower their taxes. For the last five ...