Learn how to calculate depreciation for tax deductions using GAAP methods like straight-line and declining balance for optimal savings.

Learn to calculate fixed asset depreciation in Excel using methods like straight-line, sum of the years' digits, and more for accurate financial analysis.

When we put our money in the market, or before we even do, one of the biggest questions we have is: How long will it take for this investment to really grow? Luckily, there's a mathematical shortcut ...

The prevailing narrative regarding the role that generative AI can play in the life of a CPA goes something like this: Emerging AI tools can take care of busy work, freeing professionals to spend more ...

Reinvest dividends to buy more shares; consider tax when selling shares accumulated via DRIPs. Dividends received outside IRA are taxable, increasing your stock's tax basis over time. Track cost basis ...

Calculate annual % change by dividing start by end value, raising to inverse years, minus one, times 100. Ex: a drop from $15M to $10M over 2 years is a 18.4% average annual decline. This calculation ...

The ancestor of modern calculators, the Abacus (Latin for “board“) was a grooved board with movable counting labels made up of bones or stones. It reportedly dates back to 3000 BC in ancient Babylon ...

In my last article on the role of AI in education, I talked about how one can incorporate AI to make education more equitable. In this follow-up article, I wanted to capture how technology evolutions ...

My patients’ concerns about heart failure are usually, “What is my prognosis?” “What are the treatments, like medication and surgery, that are available to me?” But some people will ask me for their ...

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