SmartAsset on MSN1mon
What Is Bonus Depreciation and How Can Businesses Use It?
Bonus depreciation is gradually being phased out, impacting how businesses plan their capital expenditures. The phaseout ...
Kiplinger7y
Depreciation's Tax Break Has Consequences for Real Estate Investors
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 ...
Plainfield, Putnam will not raise motor vehicle values for tax purposes
In an effort to tamp down rising taxes, the towns of Putnam and Plainfield have turned down a state-authorized option to assess motor vehicles at a higher value on their grand lists. The governing ...
Overdrive2mon
Ways to handle per-diem and depreciation deductions and cut against common tax myths
Under the previous tax law, bonus depreciation was allowed only on new ... (trailers are generally depreciated on a five-year schedule), many owner-operators fail to realize that large repairs ...