KC Royals
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Title: KC Royals

Essay Details:

Subject: Miscellaneous
Author: Cynthia H
Date: May 20, 2012
Level: University
Grade: A
Length: 5 / 1335

Essay text:

Simply put, business owners are allowed to depreciate any business assets they need to get their business going. For instance, let??s say you own a restaurant. You need stoves, dish washers, cash registers, plates, silverware, etc. to keep that business running. You are allowed to write off the depreciation in value of those items because you will have to pay the cost of replacing them someday. So, in essence, you get to count the cost of those items twice in your taxes for their first few years. Although strictly speaking, players count as business assets, so the amount paid for them can also be amortized over the first few years, but in the case of the baseball team roster, its value almost always appreciate with time, instead of depreciate...

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