accelerated cost recovery system financial definition of accelerated cost recovery system. accelerated cost recovery system finance term by the Free Online Dictionary.

Accelerated cost recovery system (ACRS)

Schedule of depreciation rates allowed for tax purposes.

Accelerated Cost Recovery System

An accounting technique formerly used in the United States to tax a tangible asset based upon its estimated depreciation. The estimated depreciation bore only a rough relationship to an asset's actual life, and was designed to decrease the taxation in the early years of an asset's ownership. ACRS was instituted by the Economic Recovery Act of 1981 and amended in 1986 to create the Modified Accelerated Cost Recovery System. See also: Absolute Physical Life.

Accelerated Cost Recovery System (ACRS)

An accounting technique for calculating the depreciation of tangible assets on the basis of the estimated-life classifications into which the assets are placed. ACRS was initiated by the Economic Recovery Act of 1981. The goal was to make investments more profitable by sheltering large amounts of income from taxation during the early years of an asset's life. The initial law established classifications of 3, 5, 10, and 15 years; these classifications were subsequently modified in order to reduce depreciation and increase the government's tax revenues. The classification into which an asset is placed determines the percentage of the cost potentially recoverable in each year. See also Modified Accelerated Cost Recovery System.

accelerated cost recovery system (ACRS)

A method of tax accounting in which the IRS simplified the rules for depreciation of property.It has been replaced by the modified accelerated cost recovery system (MACRS),but you will still encounter references to ACRS.

Accelerated Cost Recovery System (ACRS)

The system of depreciation mainly used for property placed in service after 1980 and before 1987. ACRS is also used for certain property placed in service after 1986 that is acquired from a related party who used the property before 1987. See Modified Accelerated Cost Recovery System (MACRS) for property placed in service after 1986.

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accelerated depreciation ACRS Alternative Depreciation Schedule Anti-Churning Rules asset cost recovery system asset depreciation range Asset Depreciation Range System Convention cost recovery Cost Recovery Period depreciable life depreciation Double-Declining-Balance Depreciation General Depreciation System MACRS Modified Accelerated Cost Recovery System Sistema acelerado de recuperacion de costos Unadjusted Basis	168(b)(2)(D) for property otherwise eligible for the modified accelerated cost recovery system (MACRS) (200% DB method). Depreciation options for avoiding corporate AMT adjustments and ... by Ellentuck, Albert B. / The Tax Adviser It resuscitated the Kennedy-era investment tax credit (ITC), which gave businesses partial reimbursement for the purchase of every new income-producing asset they acquired, and it added to this subsidy by allowing all those assets to be depreciated extremely rapidly under the new Accelerated Cost Recovery System (ACRS). Obama should have followed Reagan plan by USA Today (Magazine) It also allows an additional first-year write-offunder the so-called modified accelerated cost recovery system (MACRS). USMTC orders surge as federal incentives become available by Metalworking Insiders' Report	Absorption Absorption Costing absorption rate Absorption-fusion Abstencionista Abstract abstract deed Abstract of Record abstract of title ABTA Abtretung Abu Dhabi Fund for Arab Economic Development Abusive Tax Shelter abut ABX index Academy of Accounting Historians Acao Acao ao portador Acao ordinaria Acao preferencial ACAT Accaparer Accaparramento accelerate accelerated amortization accelerated cost recovery system Accelerated Death Benefit accelerated depreciation Accelerated Option Accelerated Reply Mail Accelerated Tariff Elimination Accelerateur financier acceleration clause Acceleration Life Insurance Accelerative Endowment Accelerator Principle Accelerator-Multiplier Model Accept Acceptable Quality Level Acceptable Use Policy acceptance Acceptance Credit Acceptance Sampling Acceptance Supra Protest Accepting Bank Accepting House Committee Accesorios Access Access Board Access Device access right	Accelerated Business Area Architecture Accelerated Business Collection and Delivery Accelerated Capability Initiative Accelerated Capital Cost Allowance Accelerated Cardiac Allograft Vasculopathy Accelerated Case Closure Procedures Accelerated Cell Death 6 Accelerated Certification Real Education Workshops Accelerated Change In Design Accelerated Change Process Accelerated Child Survival and Development Accelerated Child Survival and Development Program Accelerated Christian Education Accelerated Citizen Examination Accelerated Climate Prediction Initiative Accelerated Co-Financing Scheme for Africa Accelerated Commercial Release Operational Support System Accelerated Community Oncology Research Network Accelerated Compensation for Developmental Positions accelerated conduction syndrome Accelerated Cooperative Experience Accelerated Copilot Enhancement Accelerated Copilot Enrichment Accelerated Cost Recovery accelerated cost recovery system Accelerated Crucible Rotation Technique Accelerated Curriculum for Entrepreneurs Accelerated Customs Release Operations Support System Accelerated death benefit Accelerated death benefit Accelerated Death Benefit Rider Accelerated Death Benefits accelerated decision Accelerated Degradation Testing Accelerated Degree Completion Program Accelerated Degree Evening Program Accelerated Delivery Request Accelerated depreciation Accelerated Depreciation Range Accelerated Development and Introduction Plan Accelerated Development and Poverty Reduction Strategy Accelerated Digital Asset Management Accelerated Dissolution Rate Analysis Accelerated Durability Assessment Configuration Accelerated Economist Training Program Accelerated Environmental Test Accelerated Environmental Test Mockup accelerated erosion Accelerated Event Notification Accelerated Executive Development Program

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accelerated depreciation
ACRS
Alternative Depreciation Schedule
Anti-Churning Rules
asset cost recovery system
asset depreciation range
Asset Depreciation Range System
Convention
cost recovery
Cost Recovery Period
depreciable life
depreciation
Double-Declining-Balance Depreciation
General Depreciation System
MACRS
Modified Accelerated Cost Recovery System
Sistema acelerado de recuperacion de costos
Unadjusted Basis

168(b)(2)(D) for property otherwise eligible for the modified accelerated cost recovery system (MACRS) (200% DB method).

Depreciation options for avoiding corporate AMT adjustments and ... by Ellentuck, Albert B. / The Tax Adviser

It resuscitated the Kennedy-era investment tax credit (ITC), which gave businesses partial reimbursement for the purchase of every new income-producing asset they acquired, and it added to this subsidy by allowing all those assets to be depreciated extremely rapidly under the new Accelerated Cost Recovery System (ACRS).

Obama should have followed Reagan plan by USA Today (Magazine)

It also allows an additional first-year write-offunder the so-called modified accelerated cost recovery system (MACRS).

USMTC orders surge as federal incentives become available by Metalworking Insiders' Report