Understanding Depreciation

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Description of Understanding Depreciation:

This text explains often overlooked concepts on the subject of depreciation. It includes basic IRS regulations (Section 179 property,?ACRS, MACRS, and others), as well as six other types of depreciation, and how to make them work for you.?Tables and examples are also included. If you wish to further expand your knowledge on the subject, a recommended reading list has been added. Special note: As a result of 911, new developments have taken place, which may impact how you file your taxes. We are now including Part 5 of IRS Publication 3991 with this E-Topic for those who may be impacted by these changes. Read the Preface page of this E-Topic for an explanation of this additional material.

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