Twitter. YouTube. Now you can add Tumblr to the list of social media sites where you can find the IRS. Here you can view videos, podcasts, and more about taxes from the IRS.
The IRS expects to share information on such topics as late tax law changes, the earned income tax credit, and Free File. Currently, you’ll find information posted about more relief for certain New Jersey and New York victims of Hurricane Sandy. Find the IRS here (http://internalrevenueservice.tumblr.com/).
Source: IR-2013-13
A statutory method of depreciation allowing accelerated rates for most types of property used in business and income-producing activities during the years 1981 through 1986. It has been superseded by the modified accelerated cost recovery system (MACRS) for assets placed in service after 1986.