MACRS

January 1, 1 6 min read Definitions

Accelerated Cost Recovery System ACRS Depreciation Economic Recovery Tax Act MACRS Real Estate Taxation Real Estate Investment

The Accelerated Cost Recovery System (ACRS) is a method of depreciation that spreads the deduction of a property’s cost over specific periods. Originating from the Economic Recovery Tax Act of 1981 and later modified, ACRS was devised to provide significant tax incentives.

January 1, 1 6 min read Definitions

Accelerated Depreciation

Accelerated Depreciation Depreciation Methods Tax Deductions Income Tax Accounting Assets Straight-Line Method MACRS

Accelerated depreciation is a method for allocating the cost of an asset in a manner that provides greater deductions in the earlier years of the asset's life. This method is advantageous for tax purposes, offering businesses the opportunity to defer tax payments.

January 1, 1 6 min read Definitions

Modified Accelerated Cost Recovery System (MACRS)

Depreciation Income Tax MACRS IRS Property Management Real Estate Accounting Finance

The Modified Accelerated Cost Recovery System (MACRS) is a method of depreciation used for income tax purposes in the United States. It allows for the accelerated depreciation of property over specified recovery periods.