Examlex
Audra acquires the following new five-year class property in 2014:
Audra's taxable income from her business would not create a limitation for purposes of the § 179 deduction.Audra does not take additional first-year depreciation (if available).Determine her total cost recovery deduction (including the § 179 deduction)for the year.
Initial Episode
The first occurrence or manifestation of a situation, condition, or series of events.
Permanent
Having the quality of lasting indefinitely without change or decay.
Research
systematic investigation and study of materials and sources to establish facts and reach new conclusions.
Adolescence
The transitional stage from childhood to adulthood that includes physical, psychological, and social changes.
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