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Nonprofit Blog

Quick Tips for Calculating Depreciation and Knowing What Qualifies

Posted by nhogan on Jun 13, 2017 4:36:10 PM

The following quick reference chart provides a basic outline on how to calculate depreciation on certain improvements, equipment and/or tangible property and discusses what qualifies for bonus and/or Section 179. Further, it provides rules and definitions of qualified leasehold improvements, qualified restaurant property and qualified improvement property. 

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Topics: Bonus Depreciation, Depreciation, Tax, Uncategorized

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