Sentences with phrase «for depreciation of an asset»

For example, if you claim a deduction for depreciation of an asset, you reduce your basis in that asset by the amount of the deduction.

Not exact matches

Adjusted EBITDA for 2018 excludes stock - based compensation of approximately $ 1.0 million, amortization of acquired intangible assets of approximately $ 2.1 million, depreciation expense of approximately $ 0.5 million, income tax benefit of approximately $ 0.2 million, and interest expense of approximately $ 2.0 million.

The National Association of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.

How to use depreciation and Section 179 asset expensing to deduct the cost of additional equipment for your business

Also included in this portion of your cash flow analysis should be non-cash expenses such as depreciation, adjustments made for losses or gains, and changes in all of your current assets and liabilities.

Nevertheless, it should be noted that companies which invested over $ 800,000 of qualified assets are not liable for this depreciation rule.

Regulated public utilities will not qualify for the immediate depreciation provision, which is optional, and developers can opt out of the 100 % depreciation bonus and write down their assets more slowly, which NRF notes can be important in partnership flip transactions.

Does the addition of a new uncertainty — possible further yuan depreciation — usher in another leg down for already challenged emerging market (EM) assets?

Add up the prices paid for all assets currently being depreciated (note this is done on a cost basis rather than using the value of assets after depreciation).

The statutory tax rate is the rate imposed on taxable income of corporations after deductions for labor costs, materials and depreciation of capital assets.

For starters, the variations between earnings and cash flow not only arise in working capital changes over time (their influence on a firm's cash flow from operations), but also in the timing of the cost of replacing those assets that generate earnings (capital expenditures versus depreciation).

Also, «soft» expenses that aren't really paid for in cash, but give a reflection of the expensing of assets over time (like depreciation expense), show up on the income statement but don't on the statement of cash flow.

Home; Adam smith; capital asset; depreciation; durable; economics; s; non-renewable resource; physical capital; production; service; stock Zits is a comic strip written by Jerry Scott (creator of Baby Blues and one - time cartoonist for Nancy) and illustrated by Jim Borgman about the life of 15 -...

For those of you still unfamiliar with the Cicada 3301 puzzle, it has been called «the most elaborate and mysterious puzzle of the internet age» by In accountancy, depreciation refers to two aspects of the same concept: [1] The decrease in value of assets (fair value depreciation) The allocation of the

For use with the AQA Accounting (new spec) Revision of adjustments include: prepayments, accruals, depreciation, irrecoverable debts, doubtful debts, additional income and profit / loss on disposal of non-current assets

Depreciation lets companies account slowly for large, expensive assets, like the purchase of a large crane that can be used for many years.

In essence, depreciation allows companies to account for the cost of a significant asset without distorting quarterly results.

Compare depreciation expenses as a percentage of long - term assets for the start - up against competitors.

Accelerated Cost Recovery System (ACRS): A statutory schedule of depreciation deductions for assets put into service after 1980 and before 1987.

The big reason for this adjusted capital cost allowance for each of the business assets is that the CRA considers all depreciation incurred by the business assets as one annual cost borne by the business — so all depreciation on all assets is calculated, added up and the total depreciation (known in tax terms as the capital cost allowance on an asset) is then used as a tax deduction to reduce taxable earnings.

For most assets, that value decreases over time, and you can «write off» the depreciation of the value each year.

Because Sharon bought the second - hand fridge for her rental property before 7.30 pm on 9 May 2017, she can still claim depreciation deductions for any remaining life of the asset.

Since the property was made available for rent after 7.30 pm on 9 May 2017, Marty is not able to claim depreciation deductions for any remaining life of the used depreciating assets.

A review of high - yield debt investments should cover: (1) analysis of the industry, including growth rates, special risks and leading companies; (2) analysis of the bond issuer, including the company's position in its industry; new products; management stability; the outlook for growth in revenues and cash flow as captured in Earnings Before Interest, Taxes, Depreciation and Amortization, also called EBITDA; value of corporate assets and the debt maturity schedule; and (3) analysis of the issue, including special provisions in the «bond indenture,» covenants protecting the bondholder, use of the money raised in bond offerings, debt seniority, secondary market liquidity and call provisions.

It's cheap relative to earnings, cheap relative to cashflow (depreciation / amortisation), and you're buying # 17m of tangible assets for # 25m.

As a property owner, you can write off «depreciation» of your asset to compensate for deterioration related to the wear and tear, aging or other structural obsolescence of the home.

A taxation term, equivalent to depreciation, that makes allowance for the wearing away of a fixed asset.

The old rules of 50 % bonus depreciation still apply for qualified assets acquired before September 28, 2017.

A veterinary practice with revenue loss in 2010 is disqualified for the total write - off up to $ 500,000, but the 50 percent, first - year bonus depreciation allowance was also extended through 2010, so taxpayers may then claim the regular depreciation amount on the remaining 50 percent of the asset's basis.

Depreciation is an income tax deduction businesses can claim for the general wear and tear of company assets.

A depreciation in price was seen for 89 coins and tokens of the top 500 cryptocurrencies and digital assets by capitalization over the past week.

Responsible for maintaining records of fixed assets and depreciation schedules.

Provided monthly, quarterly, and year end reporting and tracking of the following: Capital related projects, Cash Acquisition Schedules, and Commentaries, Roll forward for fixed assets (Cost and Accumulated Depreciation) in the reporting package, and monthly reconciliation of cost, depreciation expense and proceeds related to fDepreciation) in the reporting package, and monthly reconciliation of cost, depreciation expense and proceeds related to fdepreciation expense and proceeds related to fixed assets.

Tags for this Online Resume: Financial Statements, Cash Management, Business Plans, Budgets, Forecasting, Taxation, Internal Control, Consulting, Negotiations, Payroll Preparation, Supervision of Employees, Strategic Skills and Vision, Communication, Auditing, Job Costing, Inventory Control, Breakeven Analysis, Corporate Documentation, Time Management, Research and Development, Patent Management, Patent Accounting, Organizational Skills, Consolidations, Policies and Procedures, Lease Management and Accounting, Grant Management and Accounting, Venture and Debt Capitalization, Financial Planning, Independent, Ethical, Revenue Models, Presentations, Integrity, Writing Skills, Team Building, People Skills, Management Skills, Departmental Coordination, GAAP, GAAS, FIFO and LIFO, Goodwill, Revenue Recognition, Cost of Goods Sold, Bad Debt Management, Cash and Accrual Accounting, Accounts Receivable Management, Accounts Payable Management, Fixed Asset Accounting, Depreciation, Union Negotiations, Contract Administration, Gross Margin Analysis, Inventory Valuation Methods, Portfolio Management, Trust Accounting, Projections, Chart of Accounts, General Ledger, Journals, Credit Terms, Matching Principle, Trial Balance, Executive Summaries, Title IV Funding, Multi-State Taxation, IRS Negotiations, Tax Litigation, Teaching, Curriculum Development, Tax Planning, Tax Compliance, Automated Conversions, Performance Evaluations, Problem Solving, Automated Billing, Manual Billing, Application Approvals, Vendor Contacts, Purchase Orders, Invoice Verification, Benefits Implementation, Insurance Management, Loan Negotiations, Banking Contacts, Payroll Tax Returns, Federal Tax Returns, State and Local Tax Returns, QuickBooks, Microsoft Excel, Microsoft Office, Peachtree Accounting, TurboTax, Accounting

J.A.C. & Company, Inc., Lafayette • CO 2006 — 2007 Accounting Manager Orchestrated the complete financial controllership for the company, including the preparation of all financial statements P&L, balance sheet and cash flow, also fixed assets and inventory reporting, including depreciation.

Revised fixed asset schedule on Excel to automate calculation of depreciation and to more accurately reflect reporting for personal property tax.

New Times, INC. (City, ST) 1992 — 1995 Controller • Oversee corporate accounting activities while directing staff of (6) six direct and (12) indirect employees • Manage and prepare financial statements, accounts payable / receivable, fixed asset depreciation and amortization, GAAP related accounting for full general ledger, and all financial reconciliations • Ensure legal compliance and due diligence in the acquisition of corporations and real estate • Direct the implementation of information technology (IT) and data processing systems • Perform income statement trend analysis, monthly balance sheet, and P & L Statements with EBIT • Administer corporate employee health insurance, general insurance, and 401 (K) plan

In making an equitable apportionment of marital property, the family court must give weight in such proportion as it finds appropriate to all of the following factors: (1) the duration of the marriage along with the ages of the parties at the time of the marriage and at the time of the divorce; (2) marital misconduct or fault of either or both parties, if the misconduct affects or has affected the economic circumstances of the parties or contributed to the breakup of the marriage; (3) the value of the marital property and the contribution of each spouse to the acquisition, preservation, depreciation, or appreciation in value of the marital property, including the contribution of the spouse as homemaker; (4) the income of each spouse, the earning potential of each spouse, and the opportunity for future acquisition of capital assets; (5) the health, both physical and emotional, of each spouse; (6) either spouse's need for additional training or education in order to achieve that spouse's income potential; (7) the non marital property of each spouse; (8) the existence or nonexistence of vested retirement benefits for each or either spouse; (9) whether separate maintenance or alimony has been awarded; (10) the desirability of awarding the family home as part of equitable distribution or the right to live therein for reasonable periods to the spouse having custody of any children; (11) the tax consequences to each or either party as a result of equitable apportionment; (12) the existence and extent of any prior support obligations; (13) liens and any other encumbrances upon the marital property and any other existing debts; (14) child custody arrangements and obligations at the time of the entry of the order; and (15) such other relevant factors as the trial court shall expressly enumerate in its order.

So, some beginners may confuse NOI with EBITDA (expenses before interest payments on debt, tax, and amounts for depreciation and amortization of assets) and there is PTCF (pre-tax cash flow) which are useful in their own ways.

The CRT provides you with an immediate income tax deduction for the «donation» of the property or asset into the CRT, allows you to immediately dispose of (sell) the property or asset without incurring any depreciation recapture or capital gain income tax liabilities, and then reinvest the net sales proceeds into investments providing better cash flow opportunities.

The leasehold depreciation provision is in effect for assets placed in service between the date of the president's signature and Dec. 31, 2005.

(See «Depreciation Recapture» for more information regarding the sale or disposition of assets that have been depreciated.)

When you consider that, along with the likely depreciation of the asset and excessive rental supply in many of the turnkey areas it's prudent for investors to proceed with caution.

The rental deduction may exceed the depreciation in three cases: if the property consists primarily of a nondepreciable asset, such as land (although land is not depreciable, rental payments for the lease of land may be deducted); if the property has appreciated in value (while depreciation deductions are limited by the cost of the property, rental deductions may equal the fair market value of the property); or if the property has been fully depreciated.

The tax code (law) specifies the depreciation period for specific types of assets.