A Basic Guide to Depreciation for Small Businesses

red arrow pointing down with dollar sign cracking the ground to represent depreciation

As a small business owner, you can deduct depreciation that your assets experience over time. Here’s what to know about depreciation and how to calculate it. Key takeaways: Depreciation is the loss of value an asset experiences over time Small businesses can deduct depreciation from assets like cars, property, and equipment There are three methods…

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