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April Bradley's arguments in favor of solar power are hardly worth listening to. After all, look where she graduated from-Northeast Texas State. That's hardly Ivy League. And look at how she dresses. Yuck!
Tax Deductible
Expenses that can be subtracted from gross income to reduce the amount of income subject to tax.
Deferred Tax Asset
A tax benefit arising from temporary differences between the book value and tax basis of assets and liabilities, which will result in deductible amounts in future periods.
Deferred Tax Liability
A tax obligation that arises from temporary differences between the book value and tax value of assets and liabilities, to be paid in the future.
Accumulated Depreciation
The total amount of a tangible asset's cost that has been allocated as depreciation expense over the asset's useful life.
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