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| FREE NEWS ALERTS A free, comprehensive news service to keep small businesses and independent contractors posted on the latest tax developments affecting their operations.
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Thursday, Dec. 22 Depreciation - Depreciation Methods, #103The depreciation method that you use for any particular asset is determined at the time you first place that asset into service. Whatever rules or tables are in effect must be followed as long as you own the property. Since Congress has changed the depreciation rules many times over the years, you may have to use a number of different depreciation methods if you have business property that was acquired at different times. … Subscribers have free access to the archives. Click here. |
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