Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.

3. Fill Out Form 4562 When you claim the depreciation deduction on a rental property, you must also fill out Form 4562, which will let you deduct a portion of the property’s cost over a 27.5-year ...

This story is sponsored by Young Automotive Group. Few seasons pressure businesses quite like the end of the year. It's a time when many companies make a final push to meet annual goals and it's often ...

Financial and social incentives can nudge doctors away from the operating room. By Sarah Kliff and Bianca Pallaro Sarah Kliff reported from Rochester, N.Y. Bianca Pallaro analyzed historical C-section ...

If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS will know if you have rental income. And if you try to ...

What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS ...