What Is Depreciation? and How Do You Calculate It? - Bench …
https://www.bench.co/blog/tax-tips/depreciation
WebWhat is depreciation? Depreciation is the process of deducting the total cost of something expensive you bought for your business. But instead of doing it all in one tax year, you write off parts of it over time. When you depreciate assets, you can plan how much money is written off each year, giving you more control over your finances.
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