Tags » Depreciation

Be Aware: Low Premium comes at a cost!

Food, grocery, travel and anything that you can think of is now available for us to buy online. Buying Insurance online, too has become a convenient task and quite beneficial too. 632 more words


"Improvements" that could devalue your home

If you’ve lived in your home for awhile you may have gotten the DIY bug. Maybe you’re thinking about some changes or upgrades. Generally, renewing areas of your home can give you a brand new feel and can also enhance the value of your home. 621 more words

Do It Yourself

Tax Breaks Extended Retroactively; Some are Permanent

In mid-December, Congress renewed a long list of tax breaks known as “extenders” that have been expiring on an annual basis. This year many of the rules are retroactive to the beginning of 2015. 283 more words

Tax Break

Fence around the SCP Duck Pond: Cash Purchases, Land Improvements, Depreciation

I promised anomalous accounting with this blog, so let’s do this. SCP-765 is not anomalous at all! It’s just a duck pond with mind-affecting properties. The SCP is located on “Site-88.” Since this site is missing from the list of secure facilities, the simplest assumption is that the Foundation purchased the land on which the pond was located and gave it a Site designation. 569 more words


FAQ – 2016 optional standard mileage rates?

FAQ – What are the 2016 optional standard mileage rates for automobile use?

The IRS has issued the 2016 optional standard mileage rates for calculating the deductible costs of operating an automobile for business, charitable, medical, and moving purposes (Notice 2016-1; IR-2015-137). 271 more words

Business Tax

Russia faces the economic consequences of a plummeting oil price

One of the themes of this blog over the past year or so has been that the fall in the price of crude oil and other commodities is good overall for the world economy. 1,372 more words

General Economics

SINKING NAIRA: Senate summons CBN Gov, Emefiele, as Naira now 302 against dollar

Following the increasing depreciation of the Naira, the Senate, yesterday, summoned the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, to appear before it next week at 11 a.m to explain the continuous weakening of Naira against the Dollar. 797 more words