Final Set of Repair Regs. Issued

The IRS issued final regulations providing rules for how to determine gain or loss when property subject to depreciation is disposed of, how to determine the asset disposed of, and how to account for partial dispositions of depreciated property.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/rVvZ-lf8ZCM/News_Notes_05.aspx

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