Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

Discover the essentials of fixed assets, including types, depreciation, and their impact on financial health and corporate ...

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 ...

Depreciation is a word that has so many meanings that it is almost meaningless. We know that it has something to do with the fact that equipment does not last forever and that we need to write down ...

Editor’s Note: The 2017 tax reform legislation extended the bonus depreciation provisions through the 2026 tax year. However, the provision was modified so bonus depreciation will be gradually phased ...

To deduct farm equipment on your tax return, you must show a clear actionable intent to make a profit from your farm. Farm equipment can be deducted several different ways, so consult with a tax ...

An expense item set up to express the diminishing life expectancy and value of any equipment (including vehicles). Depreciation is set up over a fixed period of time based on current tax regulation.

The Section 179 deduction limit for 2022 was raised to $1,080,000 with an equipment spending cap phasing out beginning at $2,700,000. It can be used for new and used equipment. “So with the Section ...

If you own a small business renting out residences such as duplexes, and you live in half of one of those duplexes, you must sort out the rules for depreciating the property. In addition, if your ...