As companies deploy new technology into their organizations, they are faced with the real problem of what to do with their old and outdated IT assets. It is no longer acceptable for companies to throw ...
Technology drives modern business, but what happens when old computers, servers, and hard drives reach the end of their life cycle? Many companies overlook the importance of secure disposal until it’s ...
Whenever you dispose of a business asset, whether you junk it, sell it, lose it, donate it, trade it in, get it repossessed, destroyed, or converted to personal use, you may have a taxable event. The ...
Capital assets are those that are expected to generate value for a company over an extended period of time. Common examples of capital assets include manufacturing equipment, computers, and vehicles.
When you buy a long-term asset for your sole proprietorship, you cannot deduct the entire purchase price in the year of purchase. You can only deduct a portion of the asset's cost each year over the ...
Hey there are Web services for just about every other part of your supply chain process, so why not responsible IT asset disposal? That's the pitch from ServoTerra.com, which essentially is a business ...
Typically these outsourcers — called “IT asset disposition” vendors (rather than disposal vendors) — will repurpose or resell any components that are still viable. For the portions of, say, a PC that ...
Assets are items of value and that value is displayed on a company's balance sheet. When an asset is retired -- sold, donated or otherwise disposed of -- its value must be removed from the balance ...
IT departments that practice asset management are learning to master the art of retiring hardware at the right time. But making the decision to retire IT gear is just the beginning; tech managers also ...
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