Publisher's Synopsis
Are you a small business owner, accountant, property investor, or tax preparer looking to finally make sense of U.S. depreciation rules? Look no further.
The Beginner's Simplified US Master Depreciation Guide 2025 is your ultimate step-by-step companion to navigating one of the most complex areas of American tax law-depreciation. Designed specifically for beginners, this accessible guide breaks down complicated IRS terminology and tax codes into easy-to-understand concepts, practical examples, and actionable strategies for 2025 and beyond.
Inside this comprehensive guide, you'll discover:
A clear explanation of MACRS, Section 179, and Bonus Depreciation
How to classify assets and determine recovery periods correctly
Real-world depreciation schedules and worksheets
Updates for the 2025 tax year including new IRS thresholds and changes
Common mistakes to avoid that could trigger an audit
How to maximize your deductions while staying compliant
Whether you're preparing your first business tax return or looking to sharpen your knowledge as a tax professional, this guide is designed to make depreciation understandable-and profitable.
Simplify. Learn. Apply. Master Depreciation-One Concept at a Time.