An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.

Fixed assets are assets that are staples of your business, like property, equipment, and plants. These assets are tangible and depreciable, and typically last for longer than one year. Understanding ...

Accounting divides your company assets into two classes: current and long-term. Current assets include cash and anything you use up or convert to cash over the next 12 months. Typical examples are ...

Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...

Liquid assets differ from other assets in how quickly they can be converted into cash. However, there are some other ways in which liquid assets differ from non-liquid ones. Aside from cash, liquid ...

Valuing a business can be a tricky task. For quite legitimate reasons, your company may list items like goodwill as assets on the balance sheet. Then, there's the fact that a firm's stock may be ...

Cryptocurrencies and NFTs operate on decentralized blockchain technology without central authority oversight. Digital assets like NFTs offer verifiable ownership records, aiding in clear rights ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Editorial Note: We earn a commission from partner ...

In an early release (10/17/18) of Draft IRS Tax Forms 1040 and 1040-SR Instructions, the IRS has provided U.S. Taxpayers digital assets holders a bit more clarity about how to report digital assets on ...