contact@lhwires.com

408-680-4250

License No. #1041409

GET A QUOTE

Declining Balance Depreciation Calculation Example

by | Aug 26, 2020 | Bookkeeping

The IRS provides guidelines on which assets qualify for the 150% declining balance method. Generally, assets subject to rapid wear and tear or obsolescence, such as computers, software, and office machinery, are suitable candidates. Certain vehicles and manufacturing...