About MyDepreciation

Our Mission

Asset depreciation is a critical concept for businesses and individuals, yet it remains one of the most confusing aspects of financial planning. Our mission is to demystify depreciation by providing free, professional-grade calculators and easy-to-understand guides that anyone can use with confidence.

Our Team

MyDepreciation is built by a small team of financial analysts, software engineers, and accounting enthusiasts who are passionate about making depreciation calculations accessible to everyone.

We collaborate closely with tax professionals to ensure our tools and guides accurately reflect current regulations and best practices.

Editorial Transparency

We maintain a strict editorial process to ensure the accuracy and reliability of our content:

• Editorial Process: Guides and calculators are written and maintained by the MyDepreciation editorial team, not automatically generated.
• Source Verification: We only cite primary sources, including official IRS publications, ATO taxation rulings, and HMRC capital allowance guides.
• Corrections: If you find an error, please contact us — we update pages when errors are identified or tax law changes, such as new legislation like the OBBBA Bonus Depreciation rules.

Our Commitment to Accuracy

Every formula, rate table, and tax rule in our calculators is sourced from official publications including IRS Publication 946, ATO Taxation Rulings, and HMRC capital allowance guides. These are educational estimates, not tax advice, and cannot be used directly to file a tax return — consult a licensed tax professional for your specific situation.