- modified ACRS
- Fina system used for computing the depreciation of some assets acquired after 1985 in a way that reduces taxes. The ACRS applies to older assets.See also accelerated cost recovery system
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modified ACRS
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ACRS — can refer to:* Accelerated Cost Recovery System (ACRS) is a historical accounting practice described along with the Modified Accelerated Cost Recovery System (MACRS) * An Air Cushion Restraint System (ACRS), Airbag * Aluminium Conductor Steel… … Wikipedia
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
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
Accelerated Cost Recovery System — (ACRS) An accounting method whereby the cost of a fixed asset is written off for tax purposes over a prescribed period of time. Instituted by the Economic Recovery Tax Act of 1981, and modified by Tax Reform Act of 1986, the system places assets… … 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
Accelerated Cost Recovery System — (ACRS) An accounting method whereby the cost of a fixed asset is written off for tax purposes over a prescribed period of time. Instituted by the Economic Recovery Tax Act of 1981, and modified by Tax Reform Act of 1986, the system places assets… … 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
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
Dodge Viper — Manufacturer Chrysler Corporation (1992–1998) DaimlerChrysler (1998–2006) Chrysler LLC/Chrysler Group LLC (2008–2010, 2012–) Production 1991–2010, 2012– … Wikipedia
List of energy abbreviations — This is a list of abbreviations found in the context of energy issues. Contents: 0–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y … Wikipedia
