Using the MACRS formula, you would divide $250,000 by 27.5 to get an annual depreciation expense of approximately $9,091. If it is the first year the property is in service, you will prorate the ...

Why is the straight-line depreciation method important? The straight-line depreciation method is important because you can ...

The current methods of depreciation are often referred to as MACRS (modified accelerated cost recovery system), whereas the method used for any assets acquired before December 31, 1986 is often ...