Accelerated Cost Recovery System - ACRS

外汇网2021-06-19 14:13:56 67

A system of depciation introduced by the Economic Recovery Tax Act of 1981. ACRS depciation is based on recovery periods instead of useful life. These periods were pdetermined by the IRS.

|||The modified accelerated cost recovery system (MACRS) replaced ACRS for property placed into service after 1986.