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ACRS |
Also found in: Acronyms, Wikipedia | 0.01 sec. |
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? Mentioned in | ? References in periodicals archive | |
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It
allows taxpayers to apply the proposed repair allowance method to all of
its property not already subject to some other repair allowance
election, regardless of whether those assets are otherwise MACRS, ACRS,
or pre-ACRS property. 1250
properties or nonresidential realty placed in service under ACRS and
subject to accelerated cost recovery. The ACRs derived
from monthly admissions are relatively constant throughout the duration
of observation (Figure 1b,d,f). |
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