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Depreciation - MACRS Recovery Periods and Modifying Conventions   Updated

CATEGORY: Taxation
COURSE ID: CLDEP2, VERSION 6.00
(160)
Online and mobile
1 CPE Credits

This course covers recovery periods, depreciation conventions, allowable depreciation methods, and the use of the IRS optional depreciation tables under the Modified Accelerated Cost Recovery System (MACRS). Chapter one explains how to determine the applicable recovery period and convention for depreciable property. Chapter two covers allowable depreciation methods and explains when and how to use the IRS optional tables, including in the year of disposition.

Author:  
Roxanne M. Spindle
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