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.
There are two types of these accelerated depreciation deductions -- known as bonus depreciation and Section 179 Depreciation. Air conditioning units are specifically excluded as ineligible for Section 179 Depreciation. Bonus depreciation, equal to 50 percent or 100 percent of the air conditioning unitâs value, may be claimed. The amount of deduction depends on the date in service and current tax rules. If the air conditioning unit qualifies for bonus depreciation, the appropriate 50 percent or 100 percent amount may deducted.