1.  The bonus depreciation election is an election not to claim it. While most tax elections allow you to do something (such as claim Section 179 expense or use the MACRS Alternative Depreciation System <ADS>), the bonus depreciation election is an election not to claim it. This is because claiming the deduction for bonus depreciation [...]

  Fixed asset management solutions help small and medium size businesses (SMBs) with tracking property effectively. Software provides them with the ability to stay on top of financial reports, cut unnecessary costs and maximize efficiency in every aspect of business, from operations to administrative work. Incorporating a barcode scanning system into inventory tracking solutions and processes [...]

In search for economic efficiency, companies actually expect to hire at a modest rate this year. Coupled with the fact that new businesses continue to emerge, a significant amount of U.S. entities will likely relocate to new offices and factories. When companies move operations and workplaces to new locations, the task to keep track of property will be daunting yet critical [...]

  Sage is taking all the mystery out of fixed assets and depreciation with this useful infographic. Print it, share it, and email it to spread some love to all your accounting friends!

 As the economy moves steadily along the path of recovery, many companies are seeing positive profit numbers and expansion. For any organization looking to maintain growth, it’s important for leaders to recognize their business’ shifting needs. As companies become lar ger, they acquire more property, equipment, furniture and other fixed assets, which means they have [...]