Learn about the Accelerated Cost Recovery System (ACRS), its benefits as a tax break for businesses, and the criticisms that led to its replacement by MACRS in 1986.

Learn how the general depreciation system (GDS) works within MACRS, its methods, tax implications, and how it accelerates asset depreciation.

The Public Utilities Commission approved hundreds of millions in spending for NV Energy’s natural disaster prevention and continued to allow a controversial cost recovery method that has Southern ...

Regardless what type of construction work you do, you will have some sort of equipment you need to charge to the job as part of the bid process or the actual accounting for the project. Some of the ...

Law firm operations are different now. Obviously, the biggest impact of COVID has been the inception and continuation of the hybrid work environment. This has had a notable ripple effect in two ...

CHEYENNE — The Cheyenne Animal Shelter is asking city and county officials for an increase in funding after a review of last year’s expenses showed a $500,000 shortfall between the cost of sheltering ...