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Tag: costrecovery

These Cost Recovery Provisions Have Yet to be Renewed

By Craig Jackson It’s that time of year again, when business owners and accounting firms try to predict which federal depreciation provisions Congress will renew for 2016 — and which will not make the cut. Several depreciation provisions expired at the end of 2014, potentially impacting taxpayers who are accustomed to these accelerated depreciation provisions.  The uncertainty surrounding which provisions will renew has made the tax planning process challenging and unpredictable. To...

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