Depreciation

(some examples of depreciable assets)
  • Furniture & Fixtures (desks, chairs, file cabinets, etc.)
  • Computer Hardware & Software, Calculators, Typewriters
  • Phone & Fax
  • Automobiles using Actual Expense method
  • For tax purposes, depreciation is recorded on IRS Form 4562.
    There are many different ways to depreciate - please consult with your bookkeeper or accountant for the method best for your taxation purposes.

   
  Medical Insurance
  Travel & Entertainment
  Rent or Mortgage
  Interest & Taxes
  Advertising & Promotion
  Car Expenses
  Self-Employment Taxes
  Depreciation
  Utilities & Telephone