Two recently published Notices have focused attention on the application of the mid-year and mid-month conventions to depreciable property. Notice 2001-70 and Notice 2001-74 have provided a one-time break for property placed in service during the fourth quarter of 2001.
Harl, Neil E.
"Applying the Averaging Conventions,"
Agricultural Law Digest: Vol. 12
, Article 1.
Available at: https://lib.dr.iastate.edu/aglawdigest/vol12/iss24/1