United States v. Davonte Hoskins

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “[Ajccounting for federal income tax purposes ... focus[es] on the need for an accurate determination of the net income from operations of a given business for a fiscal period.”
• the useful life of an asset is the period over which it will be useful to a taxpayer in his trade or business
• “it is the primary purpose of depreciation accounting to further the integrity of periodic income statements by making a meaningful allocation of the cost entailed in the use ... of the asset to the periods to which it contributes”

Source: CourtListener parenthetical corpus (CC0).