Unique Skill ID: ES50BA9700B5E37D931A

Tax Depreciation

In accountancy, depreciation refers to two aspects of the same concept: first, the actual decrease of fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wear, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are used.

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ASC 740 (Accounting For Income Taxes)
Corporate Tax
Deferred Tax
FIN 48
Federal Income Tax
Income Tax
State Income Tax
Tax Accounting
Tax Provision
VAT Returns

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