Taking advantage of depreciation and amortization provisions is a great way to make your business more profitable. As tough as individual tax returns are, they can be a lot simpler than what you'll ...

The IRS announced on Friday that it will soon be able to accept tax returns that include Form 4562, Depreciation and Amortization, and/or Form 8863, Education Credits (IR-2013-18). The IRS will start ...

Depreciating a business asset means reducing its value on your books, which helps you pay lower taxes. To make sure you get the maximum benefit when you depreciate a vehicle for business, and to avoid ...

I did not file form 4562 for depreciation on my automobile. I claimed auto expense deduction on Schedule C and noticed from prior yr returns there was form 4562. 2007 was the first time I prepared my ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of ...

Writing off equipment like this printer can be a big part of making your business profitable. Image: HP. As tough as individual tax returns are, they can be a lot simpler than what you'll face if you ...

The IRS announced on Friday that it will soon be able to accept tax returns that include Form 4562, Depreciation and Amortization, and/or Form 8863, Education Credits (IR-2013-18). The IRS will start ...