Faster acceleration allows individuals to deduct greater amounts during the first few years of an asset's life.
Investment dictionary. Academic. 2012.
Modified Accelerated Cost Recovery System — (MACRS) See Asset Depreciation Range (ADR); Accelerated Cost Recovery System (ACRS) … Black's law dictionary
Modified Accelerated Cost Recovery System — (MACRS) See Asset Depreciation Range (ADR); Accelerated Cost Recovery System (ACRS) … Black's law dictionary
Modified Accelerated Cost Recovery System — n. An accounting approach for the rapid depreciation of assets. Abbreviated MACRS. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 … Law dictionary
Accelerated Cost Recovery System - ACRS — A system of depreciation introduced by the Economic Recovery Tax Act of 1981. ACRS depreciation is based on recovery periods instead of useful life. These periods were predetermined by the IRS. The modified accelerated cost recovery system… … Investment dictionary
Modified Accelerated Cost Recovery System — ( MACRS) A 1986 act that set out rules for the depreciation of qualifying assets, allowing for greater acceleration over longer periods of time. Bloomberg Financial Dictionary … Financial and business terms
MACRS — Modified Accelerated Cost Recovery System (MACRS) See Asset Depreciation Range (ADR); Accelerated Cost Recovery System (ACRS) … Black's law dictionary
MACRS — Modified Accelerated Cost Recovery System (MACRS) See Asset Depreciation Range (ADR); Accelerated Cost Recovery System (ACRS) … Black's law dictionary
MACRS — Part of a series on Taxation Taxation in the United States … Wikipedia
Recovery Property — A specific class of depreciable real estate. Recovery property describes tangible depreciable property placed in service between 1980 1987, and is eligible for Accelerated Cost Recovery System (ACRS) treatment. The ACRS election was allowed on a… … Investment dictionary
MACRS — Short for modified accelerated cost recovery system. A method of depreciation, established by the Internal Revenue Code, for rapidly claiming depreciation tax deductions. Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping… … Law dictionary
