An expense item set up to express the diminishing life expectancy and value of any equipment (including vehicles). Depreciation is set up over a fixed period of time based on current tax regulation.
This tax provision allowed companies to accelerate depreciation on purchased equipment to the year it was purchased, and write the amount off on their taxes. This made it especially useful to ...
Cars tend to depreciate quickly, while other items hang onto their value longer. So which items will you be able to sell later for a decent price, and which ones are doomed to be worth a lot less ...
Auction values for late-model assets, however, continue to depreciate dramatically ... Assessing concerns regarding the used agricultural equipment market specifically, TractorHouse Manager ...