Question

What is the DEPR AT THE END OF CHECKING YOUR EXSPENSES?

Forum|Forum|1 year ago
April 2, 2025
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Depreciation (DEPR) On your business taxes, depreciation (also called capitalization, cost recovery, or amortization) lets you deduct the "used up" part of an asset's cost every year, until the asset no longer retains any value or has been sold, destroyed, or otherwise gotten rid of.

Depreciation is based on the idea that business assets eventually wear out, get used up, or become obsolete.