title>Tax Guru-Ker$tetter Letter Wizard Animation

                 

Tax Guru-Ker$tetter Letter
Sunday, May 01, 2005
 
COLA

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

Labels:



Powered by Blogger