Search Help


Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
February 2017


Word Count:
196

 

 

Q&A: Can You Still Depreciate Antiques as Business Assets?


Question

 

Have you seen Kilpatrick v. Comm'r, T.C. Memo. 2016-166?1

 

The decision made an oddly brief and quite broad justification for disallowing antiques as business furniture. The court made note of the antiques as if the old depreciation rules applied and it had never heard of the court cases that allowed antiques as depreciable property.

 

The court seemed to give a weird justification for its position, opposite actually, and quite novel. Your thoughts? ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee



 

SS