A common refrain in the global marketplace is that a company that consistently spends on fixed assets lays the groundwork for long-term success, doing so with the belief that today's technological ...

It's not that Uncle Sam does not want your clients to deduct those big-ticket items that are critical to running almost any business. The less cynical among us would nod and agree with the Internal ...

Every asset has a useful life, and failing to plan for replacements can lead to costly downtime or last-minute, high-cost ...

ATLANTA, May 16, 2023 (GLOBE NEWSWIRE) -- Lucasys, the leading provider of tax technology and services for rate-regulated companies and other asset-intensive businesses, announces the release of its ...

Fixed assets are items that are for long-term use, generallyfive years or more. They are not bought and sold in the normalcourse of business operation. Fixed assets include vehicles, land,buildings, ...

Depreciation is the phased allocation of the cost of a fixed asset over its useful life, which is substantially longer than a year. U.S. financial accounting standards require non-profit organizations ...

If you operate a factory, you rely on machinery to produce salable goods. If you’re a freight company, your fleet of trucks is the key to making money. Every business has fixed assets that are ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...

BNA Software has updated its fixed assets software with the latest tax law and form changes from the recent tax cut extension. Version 2011.0 of BNA Fixed Assets includes all of the tax law changes ...