Luxist Web Search

Search results

1. Results From The WOW.Com Content Network

2. Cost basis - Wikipedia

   en.wikipedia.org/wiki/Cost_basis

   e. Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/ (saves) taxes on a capital gain / (loss) that equals the amount realized on the sale minus the sold property's basis. Cost basis is needed because tax is due based ...

3. Depreciation - Wikipedia

   en.wikipedia.org/wiki/Depreciation

   An asset depreciation at 15% per year over 20 years. In accountancy, depreciation is a term that refers to two aspects of the same concept: first, an actual reduction in the fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wears, and second, the allocation in accounting statements of the original cost of the assets to periods in which the ...

4. Revaluation of fixed assets - Wikipedia

   en.wikipedia.org/wiki/Revaluation_of_fixed_assets

   In finance, a revaluation of fixed assets is an action that may be required to accurately describe the true value of the capital goods a business owns. [1] This should be distinguished from planned depreciation, where the recorded decline in the value of an asset is tied to its age. Fixed assets are held by an enterprise for the purpose of ...

5. How Do I Calculate Depreciation For Taxes? - AOL

   www.aol.com/calculate-depreciation-taxes...

   Land is not considered to lose value or be used up over time, so it is not subject to depreciation. Buildings, however, would be depreciated because they can lose value over time. Calculating ...

6. How do you calculate cost basis on investments? - AOL

   www.aol.com/finance/calculate-cost-basis...

   The different methods used to calculate cost basis include: First In, First Out (FIFO): The oldest shares you purchased are sold first. It’s the default method used by many brokerages if you don ...

7. Book value - Wikipedia

   en.wikipedia.org/wiki/Book_value

   Book value. In accounting, book value is the value of an asset [1] according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made against the asset. Traditionally, a company's book value is its total assets [clarification needed] minus ...