Bonus depreciation is back, but it’s not automatic, and it’s not always optimal. With some foresight and planning, though, it ...

Whether clients are investing in commercial buildings, launching new ventures or improving existing properties, they have ...

Depreciation is about allocating the cost of the asset over a period of time, not assessing the asset's true value at any point in time. An asset may be worth more -- or less -- than its book value.

Depreciation is a non-cash accounting expense that doesn’t involve cash flow, but it is a factor that can impact all areas of a company’s financial performance.

Reporting a Change in Method of Depreciation You normally must file IRS Form 3115, Application for Change in Accounting Method, before switching the depreciation method you apply to a fixed asset.

A change in accounting principles is a change in a method used, such as using a different depreciation method or switching between LIFO (Last In, First Out) to FIFO (First In, First Out) inventory ...

The Treasury Department and the IRS have issued guidance that provides a safe harbor method for determining depreciation deductions for passenger automobiles that qualify for the 100-percent ...