Learn about the Accelerated Cost Recovery System (ACRS), its benefits as a tax break for businesses, and the criticisms that led to its replacement by MACRS in 1986.
Learn how the general depreciation system (GDS) works within MACRS, its methods, tax implications, and how it accelerates asset depreciation.
CHEYENNE — The Cheyenne Animal Shelter is asking city and county officials for an increase in funding after a review of last year’s expenses showed a $500,000 shortfall between the cost of sheltering ...