24
Oct
Depreciation and amortization are two ways to reduce the value of your business assets over time. Depreciation is the decrease in value of assets due to wear and tear, while amortization is the decrease in value of intangible assets, such as patents or copyrights. For more information on Forms 1099, which are mentioned in questions I and J, see the IRS’s General Instructions for Certain Information Returns. There are several […]
