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What is a modified accelerated cost recovery system

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Reference no: EM131120062

1. What is a modified accelerated cost recovery system (MACRS)? Speculate as to why this system is now required for tax purposes. 

Reference no: EM131120062

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What is a modified accelerated cost recovery system : What is a modified accelerated cost recovery system (MACRS)? Speculate as to why this system is now required for tax purposes.
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