Livestock held primarily for sale by for-profit farmers must be included in inventory. However, livestock held for draft, breeding, or dairy purposes can either be included in inventory or depreciated. Learn more.
Strategic alliances can begin as a short-term agreement and eventually lead to a merger. Review the short- and long-term upsides of strategic alliances.
TCJA allows 100 percent expensing of short-lived capital investments for 5 years, then a 20-percent phase-down schedule over the subsequent five. Learn more.
If you are going a through divorce, please put emotions aside and become comfortable with and fully understand the financial consequences of your settlement.
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