2021 Depreciation Limits Announced for Cars and Trucks
The IRS has issued Rev. Proc. 2021-31 which provides annual updates to depreciation limitations for passenger automobiles.
2020 Automobile Depreciation Limits Announced
Through the release of and advance version of Rev. Proc. 2020-37, the IRS has announced the 2020 Depreciation Limits on Passenger Automobiles.
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