COLA
Posted by taxguru on May 1, 2005
I received this from a reader regarding my Section 179 info.
Hello,
I’m on your website and for 2006 & 2007 you have “+ COLA”. What exactly is cola?
Thanks,
My Reply:
COLA = Cost Of Living Adjustment
This is a standard term to designate adjusting something for inflation, usually based on something like the Consumer Price Index (CPI).
Kerry Kerstetter
Sorry, the comment form is closed at this time.
