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What is Salvage Value, and How to Calculate After-Tax Salvage Value?

For information on depreciating property acquired after 1986, see chapter 4 of Pub. Generally, the class life of property places it in a 3-year, 5-year, 10-year, 15-year, 18-year, or 19-year recovery class. This publication describes the kinds of property that can be depreciated and the methods used to figure depreciation on property placed in service […]

Wine Industry Finance and Accounting Sonoma State University

Commencing her professional journey in 2023 with our esteemed Outsourced Accounting practice, Jennifer has swiftly proven herself as an invaluable asset to our team. A proud graduate of the University of the Philippines, Cyndel’s foundation in Business Economics gives her a unique perspective, allowing her to weave macroeconomic principles into individual tax strategies. Additionally, as […]