Over time, the assets a company owns lose value, which is known as depreciation. As the value of these assets declines over time, the depreciated amount is recorded as an expense on the balance sheet.
Editor’s Note: The 2017 tax reform legislation extended the bonus depreciation provisions through the 2026 tax year. However, the provision was modified so bonus depreciation will be gradually phased ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback