Modified accelerated cost recovery system , Other Engineering

Assignment Help:

Modified Accelerated Cost Recovery System (MACRS)

Although SLN is the most commonly used depreciation method in the U.S. for purpose of financial reporting, MACRS is the only depreciation method approved by the IRS for computing tax-liability.

Most depreciated property placed in service after the 1986 qualifies for MACRS. There are two variations of MACRS: the General Depreciation System (GDS) and the Alternative Depreciation System (ADS).

Both MACRS-ADS and The MACRS-GDS include a feature we have not used previously: the half year convention. It is assumed that, on average, a property is used for the half of the first year of service. Similarly, it is assumed that is used for half of the last year of service.


Related Discussions:- Modified accelerated cost recovery system

Aeroengines - cfd, Essentially, the strategy of CFD is to replace the conti...

Essentially, the strategy of CFD is to replace the continuous problem domain with a discrete domain using a grid domain with a discrete domain using a grid. In a continuous doma

Aviation legislation - air operator''s certificate (aoc), Air Operator's Ce...

Air Operator's Certificate (AOC) A Company operating an aircraft for the purpose of Public Transportation, within the UK, must have an AOC granted to the company, in accordance

Fire risk assessment in usa - fire protection engineering, Fire risk assess...

Fire risk assessment in USA: The document NFPA 551:2010 is entitled Guide for the Evaluation of Fire Risk Assessments.   In this document is set out the American use of the

Fibre optics communications, explain the fibre optic communication system w...

explain the fibre optic communication system with block diagram

Timber, micro structure of exogenous tree

micro structure of exogenous tree

Product applications of powder metallurgy, Q. Describe two major product ap...

Q. Describe two major product applications of powder metallurgy. Ans. Following are some typical applications of powder metallurgy.         (i) Refractory metal : P

Hp air for aircraft services, Hp air for aircraft services: A number of...

Hp air for aircraft services: A number of aircraft accessories produce sufficient heat in normal use to require a cooling system to prevent overheating. A good example is the

Dynamic balancing principles - aircraft maintenance , Dynamic balancing pri...

Dynamic balancing principles: We must all be familiar with the effects of unbalance in one form or another, but perhaps the most common effect is that arising from wheel unbala

Environmental engineering, compare conventional lagoon,aerated lagoon and a...

compare conventional lagoon,aerated lagoon and activated sludge process,including process flow diagrams and hydraulic retention timesquestion #Minimum 100 words accepted#

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd