HOW TO ENTER PRIOR ACCUMULATED DEPRECIATION 179 BONUS ON CURRENT TAX YEAR

70.2K

Verified Solution

Question

Accounting

HOW TO ENTER PRIOR ACCUMULATED DEPRECIATION 179 BONUS ON CURRENTTAX YEAR

Answer & Explanation Solved by verified expert
3.6 Ratings (554 Votes)
Answer In December 2017 US law maker passed changes in depreciation rates which is also called bonus depreciation it is a positive step in reducing the business tax for small business This law is going to be in force till 2023 and going to be    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

HOW TO ENTER PRIOR ACCUMULATED DEPRECIATION 179 BONUS ON CURRENTTAX YEAR

Other questions asked by students