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Last year, Congress passed a bill allowing companies to quickly write off the cost of new equipment purchased this year and in the next two years.
While it is illegal to exclude people from jobs based solely on arrest or convictions, unless there is a compelling business reason for doing so, many employers quickly write off applicants who are flagged in these databases.
Also under scrutiny are hundreds of millions of Olympus dollars that were spent buying three unprofitable start-up companies, only to have Olympus quickly write off three-quarters of their value.
In 1993, Congress set a simple 15-year rule for most businesses to write off intangible assets, but it carved out a special exclusion for sports franchises that allows them to more quickly write off player contracts.
Among other deals, documents show, Mr. Yokoo directed hundreds of millions of Olympus's dollars into buying three money-losing start-up companies — with which he himself had been involved as an investor or executive — only to have Olympus quickly write off most of their value.
Now companies will have to do things like quickly write off obsolete inventory and uncollectible receivables.
Similar(51)
He has pushed banks and debt tribunals to remove influential business leaders during bankruptcy proceedings, instead of quickly writing off their debts.
Not much at home, Wicker believes, quickly writing off the highway program, the building of the St .Lawrence Seaway and the establishment of NASA.
Ray, his bandmate in Questionable Goods, quickly wrote off Charlie's achievements as a betrayal to his own lack of ambition, and said, "He's basically become a bougie nightmare".
Possible the strongest feeling back of the poll results is that the Anglo-French intervention has quickly written off Russian plans for a larger Middle East war, as the U. N. could not have done.
But Justin was quickly written off as a loose-cannon redneck seeking personal glory and publicity for his rescue business and faded from public view. .
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com