At first, it can seem that there can be as many meanings for daisies as there are species of daisies. However, the most generally accepted meanings are: Innocence, especially with white daisies with yellow or pale centers.
Depreciation recapture is a tax provision that allows the Internal Revenue Service (IRS) to collect taxes on any profitable sale of asset that the taxpayer had used to offset his or her taxable income.
IRS Depreciation Methods. Depreciation is a tax deduction for long-lived business and investment property. You normally cannot expense the full purchase cost of business property in one year but must spread out the deductions over the propertyâs ârecovery period.â Different types of properties have different recovery periods.