Investopedia / Jessica Olah Depreciation recapture comes from a straightforward principle: if you claimed tax deductions for an asset based on depreciation, but later sold it for more than its ...

Bonus depreciation is gradually being phased out, impacting how businesses plan their capital expenditures. The phaseout schedule was established by the Tax Cuts and Jobs Act of 2017, which ...

The Town Council has voted to modify the valuation method for motor vehicles — a move that will reduce taxable property losses on the town’s grand list from $18.7 million to $2.7 million. Officials ...

In this episode of Tax Tips, Jeffrey Levine of Buckingham ... business owner decide whether and when to use a Section 179 depreciation deduction? What is a Section 179 deduction?

Real estate investing provides many tax benefits, and depreciation is one of the biggest. It’s also one of the more misunderstood. Depreciation lets you deduct a portion of the cost of the ...