Enter your The World of Accounting For Professional Accountants username.
Enter the password that accompanies your username.

Poll

Best personal finance software?:

States

Articles : 57
Submited Firms : 97
Glossary Words : 3236
Jobs Request : 3
Group Members : 4400
Excel Files : 113
PPT Files : 665
PDF Files : 31

Who's online

There are currently 0 users and 1 guest online.

CAPITAL RECOVERY ALLOWANCE

  • Submission of a form on this page may not work as you do not appear to have JavaScript enabled in your browser.
  • user notice: The custom_breadcrumbs_nodeapi() function called token replacement with an array rather than a string for $text in /home/waccount/public_html/sites/all/modules/token/token.module on line 263.
  • user notice: The custom_breadcrumbs_nodeapi() function called token replacement with an array rather than a string for $text in /home/waccount/public_html/sites/all/modules/token/token.module on line 263.

 

in taxation, term describing a cost recovery of capital. An example is depreciation expense taken over the expected life of the capital asset, although an ACCELERATED COST RECOVERY SYSTEM (ACRS) ignores such timehonored concepts as useful life and salvage value. A recovery allowance may also take the form of depreciation with shorter useful lives and immediate expensing (e.g., research and development).