What DECLINING BALANCE METHOD OF DEPRECIATION means: An accelerated method of depreciation under which the depreciable basis for the following year is reduced by the depreciation deduction taken in the current year. The depreciation decution therefore decreases each year.
- Definition Deferred Compensation:
- Dictionary will be taxed when received or upon the removal of certain restrictions on receipt and not when earned. For example, contributions by an employer to a qualified pension or profit-sharing plan on declining balance method of depreciation definition.
- Definition Dependent Care Credit:
- Dictionary See "Child and Dependent Care Credit." declining balance method of depreciation explain.
- Definition Disaster Area Loss:
- Dictionary sustained in an area designated as a disaster area by the President of the United States, the casualty is designated a disaster area loss. A disaster area loss may be treated as having occurred in declining balance method of depreciation what is.
- Definition Defined Contribution Plan:
- Dictionary contribution plan is an employer-provided retirement plan under which a separate account is provided for each plan participant. Benefits depend on the amount contributed to the plan and the amoount declining balance method of depreciation meaning.
How works Declining Balance Method of meaning in Tax definitions D .
