EPISODE · Dec 26, 2024 · 12 MIN
How Amortization and Depreciation can save your business THOUSANDS!
from Blood, Sweat & Business · host Kaizen CPAs
Amortization and depreciation are both accounting methods used to spread out the cost of an asset over its useful life. The main difference between the two is that amortization is used for intangible assets, while depreciation is used for tangible assets. But what does all that mean? On this episode of Kaizen Time, Eric explains how these two methods can save your business thousands your businesses’ life.Subscribe for more valuable insights to help your small business thrive.💼💰 Kaizen CPAs + Advisors: https://www.kaizencpas.com Send us an email: [email protected] #SmallBusiness #TaxSeasonTips #FinancialPlanning #futureofwork 🎙️ Kaizen Time is part of the Blood, Sweat & Business podcast series by Kaizen CPAs + Advisors. We help small business owners make smarter financial decisions—without the fluff.🔗 Learn more: kaizencpas.com 📧 Contact: [email protected] 📲 Follow us on LinkedIn, Facebook & Instagram 📅 Book a discovery call #smallbusiness #kaizentimepodcast #accounting #taxplanning #businessstrategy
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Amortization and depreciation are both accounting methods used to spread out the cost of an asset over its useful life. The main difference between the two is that amortization is used for intangible assets, while depreciation is used for tangible assets. But what does all that mean? On this episode of Kaizen Time, Eric explains how these two methods can save your business thousands your businesses’ life. Subscribe for more valuable insights to help your small business thrive. 💼💰 Kaizen CPAs ...
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How Amortization and Depreciation can save your business THOUSANDS!
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