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The oil depletion allowance in American (US) tax law is a tax break claimable by anyone with an economic interest in a mineral deposit or standing timber. [citation needed] The principle is that the asset is a capital investment that is a wasting asset, and therefore depreciation can reasonably be offset (effectively as a capital loss) against income.
Up to $25,500 of the cost of vehicles rated at more than 6,000 pounds gross vehicle weight and not more than 14,000 pounds gross vehicle weight (like RV) can be deducted using a section 179 deduction. [9] The limitation on sport utility vehicles does not impact larger commercial vehicles, commuter vans, or buses.
TPWD publishes Texas Parks and Wildlife, a monthly magazine available both in print and online editions. The magazine features articles and full-color photos on topics such as birding, boating, camping, fishing, hunting, state parks, travel, wildlife, and environmental issues. Texas Parks and Wildlife has been in publication since 1942. [14]
Big Bend Ranch State Park: Big Spring State Park: Howard 381.99 acres (154.59 ha) 1936 Big Spring State Park: Blanco State Park: Blanco 104.6 acres (42.3 ha) 1934 The Blanco River in Blanco State Park: Bonham State Park: Fannin 261 acres (106 ha) 1933 Bonham State Park headquarters: Brazos Bend State Park: Fort Bend 4,897 acres (1,982 ha) 1984
Under rules contained in the current Internal Revenue Code, real property is not subject to depreciation recapture. However, under IRC § 1(h)(1)(D), real property that has experienced a gain after providing a taxpayer with a depreciation deduction is subject to a 25% tax rate—10% higher than the usual rate for a capital gain.
In an effort to save on cash processing and hand handling fees, 22 national parks have gone cashless as of 2023. In September 2023, U.S. Senator Cynthia Lummis (R-WY) proposed the "Protecting Access to Recreation with Cash Act" (PARC) which would require national parks to accept cash as a form of payment for entrance fee. [13]
Nov. 17—AUSTIN — Texas State Parks is kicking off the holiday season with close to 100 special seasonal activities happening across the state. Starting this month, visitors of all ages can ...
Pages in category "State parks of Texas" The following 83 pages are in this category, out of 83 total. This list may not reflect recent changes. ...