A series of changes to the state’s car tax laws are kicking in this year, leaving some taxpayers and municipal leaders confused and frustrated. For taxpayers, the seemingly ...

President Donald Trump’s tax bill that passed the senate would restore a full bonus depreciation for qualified real estate ...

Anna Edwards, Guy Johnson, Kriti Gupta and Mark Cudmore break down today's key themes for analysts and investors on ...

Underestimating depreciation can lead to overstated asset values, inaccurate expense reporting, and misleading financial ratios. Failing to account for depreciation properly can result in flawed ...

Surging building costs are delivering bigger tax deductions for property investors who remember to claim for depreciation, but experts say many of the nation’s 2.3 million landlords are missing out.

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 ...

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. Depreciation ...

Bonus depreciation is gradually being phased out, impacting how businesses plan their capital expenditures. The phaseout schedule was established by the Tax Cuts and Jobs Act of 2017, which ...

Take, for example, a 100 percent bonus depreciation from 2025 to 2029 followed by a phase-down until 2034. Under this temporary design, the policy would cost the government $213 billion in forgone ...

For example, if your car cost you Rs 10 lakh and it's now 3 years old, then according to IRDAI’s given slab, the depreciation rate would be 40% of the vehicle’s cost.

Calculating straight-line depreciation For this example, let's assume that a farmer purchases a tractor for $25,000 that he expects will last him 10 years.