Tag: improvement

  • Is Your Accounting Software Living Up to the Hype?

    Is Your Accounting Software Living Up to the Hype?

    Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on being comprehensive accounting information systems — depending on the price point, of course. So, is your accounting software living up to the hype? If not, there are a couple of relatively simple steps you can…

  • Depreciation-Related Breaks on Business Real Estate

    Depreciation-Related Breaks on Business Real Estate

    Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the cost every year over the depreciation period. (Land isn’t depreciable.) But special tax breaks that allow deductions to be taken more quickly are available for certain real estate investments. Some of these were enhanced by…