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:

• Expert Review: Every guide and calculator is reviewed by a Certified Public Accountant (CPA) or a qualified tax professional before publication.
• Source Verification: We only cite primary sources, including official IRS publications, ATO taxation rulings, and HMRC capital allowance guides.
• Annual Updates: Our entire database is audited annually to reflect the latest changes in tax law, including 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. We review and update our tools annually to reflect the latest tax law changes, deduction limits, and phase-out schedules so you can trust the results for your tax filings and financial planning.