What is an Accelerated Cost Recovery System?
Accelerated cost recovery system, abbreviated as ACRS. Refers to an Economic Recovery Tax Act (ERA) implemented by the United States in 1981 and amended by the Tax Reform Act of 1986.
Accelerated cost recovery system, abbreviated as ACRS. Refers to an Economic Recovery Tax Act (ERA) implemented by the United States in 1981 and amended by the Tax Reform Act of 1986.