Learn how to calculate asset depreciation and amortization using the straight-line basis method. Discover its advantages, ...

Reviewed by Charlene Rhinehart Fact checked by Vikki Velasquez Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the ...

Accelerated depreciation allows businesses to write off the cost of an asset more quickly than the traditional straight-line method. This can provide asset owners with potentially valuable tax ...

Straight-Line vs. Other Types of Depreciation Straight-line depreciation is one of four modes of asset depreciation businesses can use. The others include: Declining balance Sum-of-years digits Units ...