Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Khadija Khartit is a strategy, investment, and funding expert, and an ...

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 ...

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 ...

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 ...

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 ...

Depreciation determines the loss of value of an asset over its useful life. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...

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 ...

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 ...