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Depreciation 4562
 Depreciation
4562 is an extremely efficient way to calculate Federal Tax
Depreciation. Form 4562 is computed with a minimum amount of input.
This is an idea tool for a tax professional, CPA, or anyone that
needs to complete tax depreciation. Asset data information is retained
in a database for use in preparing future tax returns. An unlimited
number of Companies/Clients can be maintained. Depreciation 4562
was created for the tax preparer that needs to complete federal
tax reporting, but doesn't need the expense and complexity that
most depreciation applications have.
All depreciation and amortization methods required for federal tax
reporting are included in an easy to use format. Extensive on line
help details methods and tax requirements. |
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Depreciation 4562 Features highlights
include:
- Computes and prints Tax Form 4562.
- Calculates Luxury Automobile Depreciation.
- Tracks Section 179 deductions and limits.
- Determines the 30 or 50 % Special Depreciation Bonus.
- Unlimited FREE technical support is included.
- Nine comprehensive reports are provided.
- Easy customization of asset classes simplifies asset input.
- Automobile & 179 limits can be input to stay current with
changing tax regulations.
- A formal depreciation schedule can be viewed or printed.
- Half-year, mid-quarter, and mid-month conventions are provided.
- Depreciation is generated using IRS tax tables.
- 40% rule calculation to determine if mid quarter is convention
is required.
- Supports an unlimited number of companies and assets.
- A Sample Company and data are included to reduce the learning
curve.
- Backup Wizard makes it easy to backup valuable fixed asset
data.
- Most reports can be produced for any period, historical or
future.
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