Tag: Deductions

  • Depletion

    See also An exhaustion or gradual reduction of an asset. Depletion in the federal… (Read more)…

  • Depletion

    See also An exhaustion or gradual reduction of an asset. Depletion in the federal… (Read more)…

  • Depreciation

    Depreciation

    Diminution in value, particularly the deterioration or the loss or lessening in value arising from age and use of a property. See In Re Davies’ Estate, 96 N. Y.S.2d 191, 197 Misc. 827.