Ads
related to: 2023 form 4562 depreciation and amortizationtaxact.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced / iː b ɪ t ˈ d ɑː /, / ə ˈ b ɪ t d ɑː /, or / ˈ ɛ b ɪ t d ɑː /) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base.
In tax law, amortization refers to the cost recovery system for intangible property.Although the theory behind cost recovery deductions of amortization is to deduct from basis in a systematic manner over an asset's estimated useful economic life so as to reflect its consumption, expiration, obsolescence or other decline in value as a result of use or the passage of time, many times a perfect ...
Like depreciation, amortization involves writing off an asset’s initial cost over the course of the asset’s useful life. In this case, the asset’s value is divided equally by the number of ...
The Modified Accelerated Cost Recovery System (MACRS) is the current tax depreciation system in the United States. Under this system, the capitalized cost (basis) of tangible property is recovered over a specified life by annual deductions for depreciation. The lives are specified broadly in the Internal Revenue Code.
Above and below the line. Above and below the line refers to items above or below adjusted gross income, which is item 37 on the tax year 2017 1040 tax form. Tax deductions above the line lessen adjusted gross income, while deductions below the line can only lessen taxable income if the aggregate of those deductions exceeds the standard deduction, which in tax year 2018 in the U.S., for ...
Between 2011 to 2016, midstream companies on average traded at an enterprise value (EV)-to-EBITDA (earnings before interest, taxes, depreciation, and amortization) multiple of over 13.5 times ...
Ads
related to: 2023 form 4562 depreciation and amortizationtaxact.com has been visited by 10K+ users in the past month