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MACRS in Finance Meaning

The MACRS meaning in Finance terms is "Modified Accelerated Cost Recovery System". There are 1 related meanings of the MACRS Finance abbreviation.

MACRS on Finance Full Forms

  1. 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

Frequently Asked Questions (FAQ)

  1. What does MACRS stand for Finance?

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

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

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

Citation

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

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