Depreciation 101: What is MACRS?
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YouTubeThe Tax Geek
Depreciation 101: What is MACRS?
This video is the first in a series of videos on depreciating business assets. The video gives a brief introduction to the concept of depreciation and gives a basic overview of the Modified Accelerated Cost Recovery System or MACRS, which is the system the IRS uses to calculate depreciation for tax purposes. Then, the video gives an example of ...
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