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Resources for Sound Business Decisions.™

Salvage Value for Fixed Asset Financial Reporting

Salvage Value is a key component in accurately calculating the deprecation of fixed assets for financial reporting purposes, but is generally not a factor for tax depreciation under MACRS. In essence, Salvage Value is the anticipated value of a depreciable asset when it reaches the end of its Useful Life. The Cost of an Asset […]

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MoneySoft Acquires the Rights to PPC’s Business Valuation Specialist Software System

Phoenix, AZ July 17, 2013—MoneySoft, Inc. announces that on July 1, 2013 it has purchased the rights to PPC’s Business Valuation Specialist® from the Tax & Accounting business of Thomson Reuters. PPC’s Business Valuation Specialist provides business appraisers and valuators with an efficient and effective way to value privately held businesses and practices for tax, […]

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