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The Internal Revenue Service allows organizations the option of deducting more depreciation expense at the early part of a capital asset's life, with a declining
The Internal Revenue Service allows organizations the option of deducting more depreciation expense at the early part of a capital asset's life, with a declining amount of depreciation as the asset ages, rather than evenly throughout the life of the asset. An example of this is the MACRS depreciation schedules that list the percentage of depreciation per year based on the class of the asset.
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