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Corvee Adds Depreciation Strategies

Tuesday, Apr 16 2024
Tax
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With Instead and Instead Pro, users can utilize depreciation to find and compare tax savings for assets categorized as residential, nonresidential, technology and electronics, office furniture and fixtures, vehicles, land improvements and specialty properties.

The enhancements enable users to compare depreciation methods by toggling between all depreciation methods and combinations and accelerate depreciation when planning to sell assets with calculations and planning for any additional depreciation recapture tax.

They can also visualize savings of different depreciation options over a multiyear period.

Bob Scott
Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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