Detailed overview of listed property in taxation, including automobiles, computers, and cellular phones, with emphasis on business use requirements and depreciation methods.
An in-depth analysis of luxury automobiles and their depreciation limitations under tax regulations, including the criteria for listed property and tax implications.
The Recapture Rule encompasses circumstances where tax benefits received from depreciation and investment tax credits need to be repaid due to factors such as premature asset disposition or failing to meet business use criteria for listed property.
Comprehensive overview of listed property, including definitions, tax rules, special depreciation considerations, and practical accounting examples.
