tax acceleration
Tax acceleration refers to taking a tax deduction when an expense is incurred rather than when paid in a subsequent period.
tax acceleration
Tax acceleration refers to taking a tax deduction when an expense is incurred rather than when paid in a subsequent period.
Additional Information
This results in an immediate temporary decrease in tax expense and a permanent increase in after-tax income, on a net present value basis, by an amount determined by the length of the acceleration period.
