In Pursuit of Profit
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Changes to depreciation and how they will affect businesses may include:
These improvements include:
Improvements that do not qualify:
These changes apply to property placed in service in taxable years beginning after December 31, 2017.
Accounting and bookkeeping requirements change and keeping up with those changes is difficult. We are here to help! Contact Eric Moore here.
The content of this article is for general information purposes only. It is not intended to be accounting and/or tax advice. Consult with your CPA or tax advisor for specific recommendations for your circumstances.