Modified ACRS

Business, Legal & Accounting Glossary

Definition: Modified ACRS


Modified ACRS


Full Definition of Modified ACRS


MACRS. Depreciation methods applied to assets placed in service after 1986; less favorable than the earlier ACRS system.


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March 09, 2025 https://payrollheaven.com/define/modified-acrs/.
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Modified ACRS. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/modified-acrs/ (accessed: March 09, 2025).
American Psychological Association (APA):
Modified ACRS. PayrollHeaven.com. Retrieved March 09, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/modified-acrs/

Definition Sources


Definitions for Modified ACRS are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.