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North Carolina's nonconformity to federal bonus depreciation: Mechanics and planning opportunities.

Authors :
Price, Violet
Arnold, Matthew
Sheats, Livingston
Source :
Tax Adviser; Apr2017, Vol. 48 Issue 4, p54-55, 2p
Publication Year :
2017

Abstract

The article focuses on the income tax law of North Carolina and planning for future bonus depreciation deductions for transferring assets in a nonrecognition event. It mentions recordkeeping and planning for yearly taxations and deductions of bonus depreciation by corporations, individuals, partnerships, and S corporations.

Details

Language :
English
ISSN :
00399957
Volume :
48
Issue :
4
Database :
Complementary Index
Journal :
Tax Adviser
Publication Type :
Periodical
Accession number :
122348848