Reviewed by Charlene Rhinehart Fact checked by Vikki Velasquez Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the ...

Maximize tax savings with 100% bonus depreciation and expanded Section 179 expensing under the One Big Beautiful Bill. Timing is critical.

What is depreciation? Learn how it works, the main methods and how it impacts your business taxes and accounting.

Cost segregation studies and other methods can help businesses minimize their tax liabilities — and maximize their cash for potential economic difficulties ahead.