Assets like equipment, vehicles and furniture lose value as they age. Parts wear out and pieces break, eventually requiring repair or replacement. Depreciation helps companies account for the ...

The IRS has issued new guidance on bonus depreciation, which was made permanent under the One Big Beautiful Bill Act. Here’s ...

Learn how group depreciation simplifies asset management by pooling similar assets, its benefits, limitations, and why it's ...

The One Big Beautiful Bill Act (the “Act”) includes significant amendments to bonus depreciation under Section 168(k). The Act permanently reinstated “bonus” depreciation at 100% of the cost of ...

100% bonus depreciation is back. Here’s what that means for your CRE business. The One Big Beautiful Bill Act (OBBBA) restores the 100% bonus depreciation which had been gradually phasing out.

It’s like a time warp. By the calendar, it’s January 2025, but if your business is on a fiscal year, you may still be in 2024 — at least for tax purposes. So, you may still be able to trim your taxes.

As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire. Bonus depreciation was one of the significant provisions in the ...

The Philippine peso hit a historical low closing price of P59.44 per dollar on Wednesday, continuing a trend of depreciation since the beginning of the year. Exchange rates are notoriously difficult ...