Cost recovery is very important to my company. What can CPC do for me?
Modified Accelerated Cost Recovery System (MACRS) is the current method of asset depreciation accepted by the IRS. A good cost recovery deduction can give you a beneficial cost recovery solution for your company. Commercial real estate can be broken down by asset, and each asset has a different depreciation life. That is the basis of the Modified Accelerated Cost Recovery System - let us show you how to make the most out of a cost recovery deduction.
Our firm is the best in the nation at finding a cost recovery solution for you. We work with all types of commercial real estate and we will show you the proper depreciation life for each asset of your property.
As a result of the Tax Reform Act of 1986, the IRS replaced the accelerated recovery system with the now used modified accelerated cost recovery system. This new system increased the number of property classes and a half year convention was added to the code for the first and final years of a properties recovery life. This allowed for faster depreciation, more cost recovery deduction, which means a better cost recovery solution for your company. That is, faster depreciation of an asset translates into more early income in the cycle for a commercial real estate owner.
Our firm uses the best engineering and accounting minds in the business. We stay on top of all IRS code changes and make sure our clients are given the best service possible. If you are looking for the best in cost recovery, look no further. Our expertise in the modified accelerated cost recovery system guarantees you the most in cost recovery deduction, which means a better cost recovery solution for your company’s bottom line. Don't use any other commercial real estate asset depreciation firm, call us today and we can get started. |