President Obama has signed a measure that increases small-business expensing and bonus depreciation, which allows car and truck dealers and their customers to expense a larger portion of equipment purchases for 2014. 187 more words
Tags » Depreciation
The purpose of financial statement is providing users with entity’s financial information as accurate as possible. You should be already familiar with accrual accounting, which means we record transactions even though there is no cash involvement. 905 more words
Every owner of an income producing investment property is eligible for significant taxation benefits in the form of property depreciation.
Despite this, according to BMT Tax Depreciation’s Managing Director Bradley Beer, 80% of property investors fail to take advantage of property depreciation and therefore miss out on thousands of dollars. 253 more words