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1:00
YouTube
Patrick Bray CPA
Introduction to MACRS Tax Depreciation
What is MACRS tax depreciation (Modified Accelerated Cost Recovery System)? MACRS will classify all assets into classes which dictate the number of years over which an asset's cost will be recovered. Also consider watching: 5 Examples of Book to Tax Differences ️ GAAP Accounting vs IRS Tax Accounting https://www.youtube.com/watch?v ...
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