Business, 03.09.2019 20:30 anaclaramigli
Which of the following is an incorrect statement regarding bonus depreciation? a. bonus depreciation is useful to very large businesses spending more than the section 179 spending limit b. businesses with a net loss in a given tax year qualify to carry-forward the bonus depreciation to a future year c. bonus depreciation only covers new equipment d. when applying these provisions, section 179 is generally taken first, followed by bonus depreciation
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Which of the following is an incorrect statement regarding bonus depreciation? a. bonus depreciatio...
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