| Modified Accelerated Cost Recovery System - MACRS | |
 The new accelerated cost recovery system, created after the release of the Tax Reform Act of 1986, which allows for greater accelerated depreciation over longer time periods. |
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 Faster acceleration allows individuals to deduct greater amounts during the first few years of an asset's life. |
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 Appreciating Depreciation - Companies make choices and assumptions in calculating depreciation, and you need to know how these affect the bottom line. Advanced Financial Statement Analysis - Learn what it means to do your homework before investing in a company. Get a deeper understanding of the structure of financial statements and what they tell you about a company's performance and reporting practices. |
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