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What Is Depreciation? Depreciation is a common accounting method that allocates the cost of a company’s fixed assets over the assets’ useful life.
The depreciation schedule for fixed assets depends on their useful life. A $5,000 asset that will last five years loses $1,000 of its asset value a year, for example. However, other factors, such ...
New depreciation rules in the Big Beautiful Bill are expected to reshape equipment and real estate leasing strategies, ...
I have a client which is an ordinary partnership where one partner has passed away and it has been agreed that the fixed assets should be revalued on death ...
Independence Day legislation includes permanent full expensing for new and used aircraft in business operations.
Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives.
What Is a Fixed Asset? A fixed asset is a long-term tangible property or equipment a company uses to operate its business. Fixed assets include buildings, computer equipment, software, furniture ...
The potentially large implications of fixed-asset impairments When a company is required to record an impairment of a fixed asset, the financial repercussions can be significant.
Accumulated depreciation is the total of all depreciation that has been charged to existing fixed assets such as equipment and buildings.
The 6 Best Fixed Asset Tracking Software Solutions in 2025 Whether you need to track depreciation, maintenance, or location, these software options help you manage your fixed assets.
How to calculate depreciation for fixed assets with the straight-line method, the sum of the years’ digits method, and others, using Microsoft Excel ...
Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives. Amortization applies to intangible assets like patents and trademarks ...