What COST RECOVERY means: A term sometimes used to refer to depreciation claimed under the ACRS or MACRS methods of depreciation. See also Accelerated Cost Recovery System (ACRS) and Modified Accelerated Cost Recovery System (MACRS).
- Definition Convention Expenses:
- Dictionary incurred in attending a convention are deductible if the meetings are related to a taxpayer's trade or business or job-related activities. If, however, the convention trip is primarily for cost recovery definition.
- Definition Commodity Futures:
- Dictionary Contracts to buy or sell a fixed amount of a commodity (wheat or soy beans, for example) for a fixed price at a future date cost recovery explain.
- Definition Calendar Year:
- Dictionary A year that begins January 1 and ends December 31 cost recovery what is.
- Definition Cash Equivalent Doctrine:
- Dictionary basis taxpayer does not report income until cash is constructively or actually received. Under the cash equivalent doctrine, cash-basis taxpayers are required to report income if the equivalent of cost recovery meaning.
How works Cost Recovery meaning in Tax definitions C .
