Learn how the appraisal method assesses asset depreciation over a reporting period, its use in business valuation, and why it ...

The IRS has issued new guidance on bonus depreciation, which was made permanent under the One Big Beautiful Bill Act. Here’s what to know about what property qualifies and when you can benefit.

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

Depreciation expenses are about to soar, making a lack of transparency a growing problem.

ITAT held that goodwill arising from acquisition of a business as a going concern represents a bundle of commercial and business rights. Following Supreme Court precedent, depreciation under Section ...

Motorcycles lose 20% value in year one. Discover how accidents, salvage titles, and maintenance records affect what buyers ...

In practice, depreciation does not eliminate tax cost over time. It merely redistributes it. When an asset is eventually disposed of, depreciation recapture comes into play, a mec ...

The Tribunal allowed depreciation on non-compete fees despite Supreme Court ruling it as revenue expenditure, citing practical difficulty and revenue-neutral impact. Revenues appeal was ...

Recent changes made by the IRS and Congress have greatly expanded taxpayers’ ability to currently deduct the costs of property purchased for business use, instead of having to depreciate those costs ...