Depreciation is the reduction in the value of an asset over time due to wear and tear. Depreciation is used for both tax and accounting purposes when recording the value of mainly equipment or machinery.
Depreciation is the reduction in the value of an asset over time due to wear and tear. Depreciation is used for both tax and accounting purposes when recording the value of mainly equipment or machinery.
Level’s Chief Investment Officer, Steven Elwell, CFP®, discusses first quarter market performance in this 26-minute video. Level YouTube Page