Now is the time to find overlooked depreciation

Stevens, Michael G.
August 1996
Practical Accountant;Aug96, Vol. 29 Issue 8, p33
Trade Publication
Discusses issues involved in the tax deduction for depreciation. US Internal Revenue Service's (IRS) issuance of a ruling that clarifies how to deal with underdepreciation errors; Debate over whether to continue treating changes from a method that underdepreciates property as changes in method of accounting; Automatic consent required from the Commissioner of Internal Revenue.


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