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Follow on Google News | What is depreciation and why do accountants appreciate it?"What is depreciation? Depreciation represents the loss in value of property used in your business due to wear and tear, decay, or obsolescence."-Zev Jankovic, CPA
By: is Speedy CPA Depreciation is a ‘non-cash’ Depreciation deductions help you recover the cost of assets such as vehicles by reducing income. Reduced income can mean reduced taxes. source http://www.speedycpa.com/? About the author Zev Jankovic, CPA Zev has 14 years of wide-ranging business experience. Zev has a Bachelors in Business Administration from the University of Phoenix and a Masters in Accounting and Information Management from the University of Texas at Dallas (and a member of Beta Gamma Sigma – Business Honor Society). He is a Certified Public Accountant (CPA). Zev enjoys spending time with his family, learning Talmud, listening to music, and hiking in the beautiful Rocky Mountains. End
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