When a company invests in equipment,it gets to immediately expense the cost of the equipment on the company's tax reports.

Name: When a company invests in equipment,it gets to immediately expense the cost of the equipment on the company's tax reports.
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Quizplus · Accepted Answer

The cost of equipment is generally depreciated over several years on the company's tax reports. However, there are some tax incentives that may allow for immediate expensing of certain equipment costs.

When a Company Invests in Equipment,it Gets to Immediately Expense