ThomsonReuters

DECEMBER 1, 2023

Jump to: What is Form 4562? What is listed property for depreciation? What does a depreciation schedule look like? What is Form 4562? Form 4562 instructions Is Form 4562 required every year? Section 179 and expensing property Running a company is expensive. Let’s take a closer look at the form and its uses.

tax return 97

tax return Tax Transportation Non-Profits 97

ThomsonReuters

AUGUST 25, 2023

Jump to: What is software depreciation? What is software depreciation? Depreciation in general is an annual income tax deduction that enables taxpayers to recover the cost of business assets over a number of years. And certain intangible property, like computer software, patents, and copyrights, can also be depreciated.

Tax 97

Tax Technology Manufacturing payroll 97

ThomsonReuters

OCTOBER 5, 2023

Jump to: What is amortization in accounting? What are the different amortization methods? How to calculate amortization Amortization vs. depreciation Managing amortization of assets Companies have a lot of assets. Some assets will fall under amortization accounting. What are intangible assets?

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Account accountant accounted Expense Amortization 52

ThomsonReuters

DECEMBER 12, 2023

Jump to: What is needed to record lease liability? What is needed to calculate the right-of-use asset? How do you calculate the right-of-use asset? At which amount do we record the lease asset? The most challenging aspect of documenting the lease liability and right-of-use asset involves data collection.

Legal 98

Legal Tax Account accountant 98

ThomsonReuters

AUGUST 24, 2023

Jump to: What is tax depreciation? What is bonus depreciation? How to calculate tax depreciation What are the tax depreciation methods? What is MACRS? What is tax depreciation? It is the recovery of an asset cost over a number of years or, in other words, the asset’s useful life.

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Tax business tax tax return Account 87

ThomsonReuters

JUNE 16, 2023

The accounting profession is in the midst of a transformation, and firms must ensure they are upskilling their accountants to remain competitive and keep pace. This article will explore how current technology can help accountants find the time they need to broaden their skillsets and further propel their career.

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Account accountant accounted Technology 98

Withum

FEBRUARY 9, 2022

This is the 1,005 th blog I posted in the last ten years, and today will start my eleventh year of these blogs. This is primarily a business blog and I post topics clients have expressed interest in, and I am gratified to be able to help them in this manner.

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intermediate accounting tax consultant basic accounting Start-ups 59