Depreciation is the recovery of the cost of a physical asset, like property or equipment, over multiple years. It allows companies to spread out the cost of some expenses, reduce taxable income and ...

View post: Costco adds new ways to make money from members ...

Philip Gelderblom has been writing professionally since the '90s. He has written mainly content on a freelance basis, including about cars, future cars, EVs, hybrids and hydrogen cars, self-driving ...

Nikesh Kooverjee has been contributing to the automotive sphere for 11 years. His previous roles include Digital Editor at CAR South Africa and associate editor at CarBuzz. He has always had a strong ...

TurboTenant reports landlords can save significant taxes via bonus depreciation, enabling large first-year write-offs on ...

Bonus depreciation is a pivotal U.S. tax incentive that has profoundly stimulated the private aviation industry since its inception after 9/11. After fluctuating rates, 100% bonus depreciation was ...

The Tax Cuts and Jobs Act of 2017 expanded bonus depreciation to additional assets and allowed for 100% bonus depreciation. While the qualification for bonus eligibility does not change, the amount ...

One of the more robust tax incentives over the past several years has been Bonus Depreciation. This tax provision allowed companies to accelerate depreciation on purchased equipment to the year it was ...

Treasury Secretary Scott Bessent announced that the return of 100 percent bonus depreciation for aircraft purchases is likely to be enacted in an upcoming tax bill. This policy allows businesses to ...