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MACRS in Business Meaning

The MACRS meaning in Business terms is "Modified Accelerated Cost-Recovery System". There are 3 related meanings of the MACRS Business abbreviation.

MACRS on Business Full Forms

  1. Modified Accelerated Cost-Recovery System
  2. Modified Accelerated Cost Recovery System A depreciation method required by the Internal Revenue Service to be used for income tax calculation purposes for most plant assets placed in service after 1986
  3. Modified Accelerated Cost Recovery Systems

Frequently Asked Questions (FAQ)

  1. What does MACRS stand for Business?

    MACRS stands for Modified Accelerated Cost Recovery System in Business terms.

  2. What is the shortened form of Modified Accelerated Cost Recovery System in Business?

    The short form of "Modified Accelerated Cost Recovery System" is MACRS for Business.

Citation

MACRS in Business. Acronym24.com. (2020, May 23). Retrieved November 26, 2024 from https://acronym24.com/macrs-meaning-in-business/

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