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liabilities during the first few years of an asset's existence. It's vital to remember that no
matter whatever technique is chosen, the overall amount of tax deductions over the asset's
lifetime will be the same. The only advantage of using an expedited procedure is that the
Rapid procedures provide more tax savings in the early years and less tax savings in the
latter years than slower ones. Because business owners and managers take the Time
Value of Money into mind, it is preferable to have the savings sooner rather than later on