The National Directory of Certified Public Accountants

Ask A CPA - Buying & Selling a Business

What Is The Number Of Years I Will Be Able To Depreciate The Equipment I Purchased When I Bought My Business ?

Generally, equipment will be depreciated over 5 or 7 years.

If you need professional help with "Buying & Selling a Business" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.