How to Take a Larger depreciation deduction using the Double-Declining Balance Method
Accelerated depreciation methods are one of the many ways you can take advantage of tax deductions. They’ll lower your taxable income and ultimately help you lower your tax bill year-over-year. A capital asset is defined as property the taxpayer holds that is expected to generate value overtime. Over the course of its life it will …
How to Take a Larger depreciation deduction using the Double-Declining Balance Method Read More »