Jimmy Limited added elevators, access ramps, and several technological improvements to the 1923 building in which it
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Jimmy Limited added elevators, access ramps, and several technological improvements to the 1923 building in which it operates a consulting business. Jimmy is an LLC with five full-time employees and about $3 million in gross receipts. The improvements were made to improve access to the building. Expenditures for the accessibility project totaled $7,500. Compute Jimmy’s disabled access credit for the tax year?
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Related Book For
South-Western Federal Taxation 2018 Comprehensive
ISBN: 9781337386005
41st Edition
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
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