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.
Depreciable assets, except for buildings, fall within a three-year, five-year, seven-year, 10-year, 15-year, or 20-year recovery period under the general depreciation system (GDS). However, the actual recovery period shown in the MACRS depreciation tables show a recovery period of one additional year.This is because of the convention rules. Under the half-year convention you may only deduct 50% of the first year's depreciation.f you look at the MACRS table (shown below) for 5-year property (i.e. computers), for example, you'll notice that the span of years for the recovery period is six years.