Understanding the Principles of Individual Taxation: Depreciation

This course – the ninth in our “Understanding the Principles of Individual Taxation” series – covers the treatment of deducting capital expenses through a process known as depreciation. Discussions include the use of Form 4562, how to interpret asset statements from other preparers, and similar treatments to depreciation like amortization. Included are also discussions on utilizing advanced forms of depreciation and expensing, like Section 179 or special bonus depreciation.