What Is Depreciation for My Business? When Does a Capitalization Policy Make Sense?

Send us a text On this episode Mike Jesowshek, CPA talks about depreciation and why a capitalization policy is so important for business owners. 1) What Is Depreciation? 2) What Options Do You Have for Deducting Asset Purchases? 3) What Is a Basic Example of Depreciation? 4) What are the Rules Around Depreciation? 5) When Does Depreciation Begin? 6) What Happens If I Sell a Depreciated Asset? 7) What Is a Capitalization Policy and Should I Implement One? LINKS FROM THE SHOW Show Blog: https:/...