How to Depreciate Equipment?

Answer To many people who own a small business or take a home office deduction, the process of depreciating equipment doesn’t make a whole lot of sense. Depreciation isn’t rocket science, but the IRS ... Read More »

Top Q&A For: How to Depreciate Equipment

At What Percentage Does Farm Equipment Depreciate?

Depreciation is a type of write off meant to track the value of assets over time and reduce net income by the amount of depreciation expense for that year. Farm equipment qualifies as a depreciable... Read More »

How to Depreciate Properties You Own?

An advantage of real estate investment is the opportunity to depreciate the properties you own, thus decreasing your taxable base. There are several different ways of depreciating your properties a... Read More »

How to Depreciate a Wrecked Vehicle?

Depreciation is both the decrease in an asset's value due to its usage and the accounting procedure used to represent this phenomenon on the accounts. In each period that a depreciable asset is use... Read More »

How Much to Depreciate Automobiles?

How much an automobile depreciates depends on a number of factors. Depreciation rates vary by manufacturer, type of car, model year and mileage. A new car buyer feels the sting of depreciation as s... Read More »